11 Martie 2009

Romanias leu edges up to 4.29 versus the euro, on a generally rising European market



Romania’s national currency grew slightly this morning from 4.30 to 4.29 against the single European currency, in line with the neighboring currencies in the region, NewsIn informs.

At around 10:15 this morning banks were buying the euro for 4.2875 and selling it for 4.2975 lei.

Both the leu and the other emerging currencies in the region are growing, but the trend is more obvious with the leu, chief dealer with Banca Transilvania, Ioan Birle told NewsIn.

In the region, the Polish zloty advanced from 4.7450 to 4.6990 against the euro and then fell to 4.7050. The Hungarian forint increased from 310.10 to 307.25 over the euro.

On the international markets the American dollar dropped constantly from 1.2579 to 1.2740 against the euro and at 10:15, Romanian time, the euro stood at 1.2730 dollars.

Interbank interests for overnight deposits slipped to 13-14 percent per year, above the annual main interest rate of 10 percent per year.



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