Romanian currency weaker against euro on bad international sentiment

23 November 2010

The Romanian leu opened Tuesday’s session at 4.3 to the euro, close to Monday's closing levels, when it was trading at 4.297/4.299 to the euro. This happened amid negative regional sentiment brought about by fears that Ireland’s bailout package will not stop other debt-ridden euro-zone states from plunging into crisis.  Romania's central bank set Monday a reference rate of 4.2957 units, slightly stronger on the day.

Mediafax

Normal

Romanian currency weaker against euro on bad international sentiment

23 November 2010

The Romanian leu opened Tuesday’s session at 4.3 to the euro, close to Monday's closing levels, when it was trading at 4.297/4.299 to the euro. This happened amid negative regional sentiment brought about by fears that Ireland’s bailout package will not stop other debt-ridden euro-zone states from plunging into crisis.  Romania's central bank set Monday a reference rate of 4.2957 units, slightly stronger on the day.

Mediafax

Normal

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