Romanian currency edges down to 4.1379 versus euro at the reference exchange rate

Romania’s national currency, the leu, lost ground to 4.1379 against the euro by the central bank’s reference exchange rate, taking a regional drive down following profit booking, NewsIn informs.

Yesterday, the central bank BNR had the leu at 4.1263 against the euro.

The currency started out at 4.1250 over the euro and then slipped to 4.1459 and returned to 4.14 at noon. At 1.30 p.m. banks were buying the euro for 4.1470 and selling it for 4.1479 lei.

The market is much more volatile today and the leu’s evolution suffered a slight correction, similar to the other emergent currencies in the region, after external markets closed during the Catholic Easter reopened, chief of treasury with Volksbank Romania, Ciprian Mihai, told NewsIn.

In the region the Polish zloty depreciated from 4.34 to 4.3955 over the euro and then recovered a bit to 4.3650. Also, the Hungarian forint decreased from 288.9 to 291.8 against the euro and then regained the lost ground.


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