Midday Forex: Leu loses steam

The National Bank of Romania set a reference rate of 4.2375 lei/euro, 0.21% above yesterday level, as the leu fell steadily in the inter-bank market.

The national currency dropped gradually in the early inter-bank trades from 4.2290 lei/euro to 4.2425 lei/euro, and at 13:05, a euro was traded for 4.2375 lei.

Versus the US dollar, the reference rate set by the National Bank of Romania increased by 0.21% to 3.3485 lei/dollar from 3.3414 lei/dollar. On June 29, NBR set a historic high of 3.5697 lei/dollar.

In the region, the Polish zloty traded between 4.0670 units/euro and 4.0790 units/euro, while the Hungarian forint between 279.70 units/euro and 280.68 units/euro.


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