30 Noiembrie 2009
Midday Forex: Leu trades near psychological barrier of 4.30/euro
The benchmark exchange rate set by the National Bank of Romania increased by 0.17% today, to 4.2807lei versus euro, after sharp decline in the early interbank trades, to 4.30 lei/euro, in line with the regional trend, and climbed back up to 4.28lei/euro.
The official exchange rate posted today by the National Bank of Romania was 4.2733lei/euro.
The local currency lost ground in the morning from 4.29 to 4.3010lei/euro. After 9:40EET, the exchange rate fell markedly to 4.28lei/euro, and hovered near this level afterwards.
Leu’s regional peers followed a downtrend similarly. The Polish zloty fell initially from 4.16 to 4.1950units/euro, and climbed back to 4.1870zloty/euro. The Hungarian forint edged down from 273 to 274.90 forints/euro and bounced back to 272.40forints/euro.
The official RON/USD exchange rate posted by the central bank increased by around 1.23% today to 2.8691 from Thursday’s 2.8342lei/dollar rate.
The local currency lost ground in the morning from 4.29 to 4.3010lei/euro. After 9:40EET, the exchange rate fell markedly to 4.28lei/euro, and hovered near this level afterwards.
Leu’s regional peers followed a downtrend similarly. The Polish zloty fell initially from 4.16 to 4.1950units/euro, and climbed back to 4.1870zloty/euro. The Hungarian forint edged down from 273 to 274.90 forints/euro and bounced back to 272.40forints/euro.
The official RON/USD exchange rate posted by the central bank increased by around 1.23% today to 2.8691 from Thursday’s 2.8342lei/dollar rate.