The leu hasn’t been that weak since January 8. On Friday, the central bank set a reference rate of 4.1429 lei/euro.
“The entire region is under pressure. The currencies are undergoing a correction after a sustainable growth. The Goldman Sachs fraud case, Greece’s debt crisis and the effects of Icelandic volcanic ash have also acted as bear market triggers”, a dealer told NewsIn.
The national currency dropped slightly in the early trades, from 4.15 units/euro to near 4.16 units/euro at around 13:00.
The Polish zloty took a steeper plunge versus its European peer, from 3.887 to 3.91 units/euro, while the Hungarian forint traded between 264.3 and 265.3 forints/euro.
For the US dollar, the central bank set a reference rate of 3.0961 lei/dollar, the highest since May 18, 2009 when NBR had posted a rate of 3.0999 lei/dollar.
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