6 Februarie 2009
Romanian leu takes another leap forward
The benchmark exchange rate posted by BNR dropped for the third day in a row, down to 4.2872 lei/euro, from 4.2954 rate on Wednesday, amid a generally rising European market, where the emerging currencies remain on a bearish trend.
The currency exchange rate posted by National Bank of Romania indicate a slight depreciation of the leu against the US dollar, down to 3.3270 lei/dollar, from yesterday’s 3.3202.
“The market is pretty calm,” chief dealer with Banca Transilvania, Ioan Birle told NewsIn. The central bank’s decision to reduce the lending rate from 10.25% to 10% per year failed to influence significantly the exchange rate, but was a signal to put a halt on the hike of interests.
“The market is pretty calm,” chief dealer with Banca Transilvania, Ioan Birle told NewsIn. The central bank’s decision to reduce the lending rate from 10.25% to 10% per year failed to influence significantly the exchange rate, but was a signal to put a halt on the hike of interests.