The central bank set a reference rate of 4.1397 lei against euro, 2% higher than Thursday’s level of 4.1214. The leu hasn’t been that weak since January 21, when NBR set a rate of 4.1440lei/euro.
“The suffered a minor drop today against its European peer, a trend that was tightly correlated to EUR/USD rates. However, after reaching 4.1450, the leu held steady, as NBR reaffirmed its commitment to contain currency fluctuation within a narrow band”, Ciprian Mihai Head of Treasury Volksbank Romania told NewsIn.
In the morning the leu was trading near 4.1370 units/euro, and fell steadily to 4.1450 units/euro followed by a mild rebound. At 13:50 EET, the euro was quoted at 4.1387 lei.
In the region, the currencies suffered declines against euro. The zloty fell from 4.0720 to 4.1010 units/euro and took sudden turn afterwards to 4.09units against euro. The Hungarian forint traded within 273.70 – 274.50 band.
For the US dollar, the reference rate set by the National Bank of Romania grew 1.61% to 3.0228 lei/dollar from Thursday’s 2.9749.
In lipsa unui acord scris din partea InternetCorp, puteti prelua maxim 500 de caractere din acest articol daca precizati sursa si daca inserati vizibil linkul articolului Midday Forex: Leu trades lower against euro.