On Thursday, the leu recovered slightly, with the exchange rate reaching RON5.2661/EUR, after peaking at RON5.2688/EUR on Wednesday, as the Bolojan government was toppled by no-confidence vote on Tuesday.
Romania’s central bank also announced an exchange rate of RON4.4493/USD, compared with RON4.4727/USD the day before.
On May 8, the three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, as well as for companies’ leu-denominated loans, stagnated at 5.86% per annum.
(English version by Loredana Fratila-Cristescu)