11 Ianuarie 2010
Midday Forex: Leu picks up strength
The EUR/RON reference rate set by the National Bank of Romania fell 0.1% today from 4.1679lei/euro a day earlier, as the leu traded in a narrow range, with a modest upside trend versus its European peer.
Yesterday, the central bank set a reference rate of 4.1721 lei/euro.
In the morning the leu traded near 4.1610 and 4.1710.
Emerging currencies in the region traded with no clear direction in the morning. The Polish zloty wavered between 4.10 and 4.1160zloty/euro. The forint gained in the morning from 269.80 to 268.70 forints/euro but fell afterward to 269.25 forints/euro.
Versus the US dollar, the leu was quoted at 2.9143 at the reference rate set by the NBR, up 0.19% from 2.9089 lei/dollar yesterday.
In the morning the leu traded near 4.1610 and 4.1710.
Emerging currencies in the region traded with no clear direction in the morning. The Polish zloty wavered between 4.10 and 4.1160zloty/euro. The forint gained in the morning from 269.80 to 268.70 forints/euro but fell afterward to 269.25 forints/euro.
Versus the US dollar, the leu was quoted at 2.9143 at the reference rate set by the NBR, up 0.19% from 2.9089 lei/dollar yesterday.