Romanian Leu Gains 0.4% Vs Euro, Exchange Rate At 4.0885
Wednesday, May 11, 2011
The Romanian leu extended early gains against the euro in mid-session Tuesday, and the central bank's reference strengthened to 4.0885 units, from 4.1039 units in the previous day. However, the leu continued its decline against the US dollar, with the indicative slightly weakening to 2.8504 units, from 2.8495 units on Monday. The leu opened almost flat at 4.0974.1 to the euro but it soon started to strenghten in a quiet market.The leu touched an early high at 4.087 versus the euro, and ...