The EUR/RON reference rate set by the National Bank of Romania fell 0.1% today from 4.1679lei/euro a day earlier, as the leu traded in a narrow range, with a modest upside trend versus its European peer.
Yesterday, the central bank set a reference rate of 4.1721 lei/euro.
In the morning the leu traded near 4.1610 and 4.1710.
Emerging currencies in the region traded with no clear direction in the morning. The Polish zloty wavered between 4.10 and 4.1160zloty/euro. The forint gained in the morning from 269.80 to 268.70 forints/euro but fell afterward to 269.25 forints/euro.
Versus the US dollar, the leu was quoted at 2.9143 at the reference rate set by the NBR, up 0.19% from 2.9089 lei/dollar yesterday.
Article comments "Midday Forex: Leu picks up strength"
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