The national currency slid today to the weakest level since January 5, 2010, when the central bank set a reference rate of 4.2077 lei/euro.
The leu had a poor start, trading near 4.19 lei/euro in the morning, but rose afterwards to 4.1760units/euro. However, the leu gave up much of its early gains in midday trade, and at 13:05, a euro was bought for 4.1840 lei.
In the region, the Polish zloty fell further against euro, from 4.08 to 4.12 zloty/euro and grew back to 4.07 units against euro in midday trade. The Hungarian forint dropped from 278 to 281 forints/euro and rose to 277 forints/euro at noon.
For the U.S. dollar, the National Bank of Romania set a reference rate of 3.2759 lei/dollar, up 2.45% from 3.1975 lei/dollar yesterday.
Midday Forex: Leu plummets to four-month low
The National Bank of Romania set Thursday a reference rate of 4.1833lei/euro, up 0.82% from yesterday, the highest in four months, as other currencies in the region remained mostly weak against their European counterpart.
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