BNR’s rate pinned the leu yesterday at 4.2838 against the single European currency. In January this year the leu slipped to the lowest level of 4.3127 against the euro.

The exchange rate will sway from 4.20 to 4.30 over the common currency in Europe as the leu will be supported by BNR, analysts of the financial group Citi said in a report released today.