Romania's leu climbs to 3.66 versus the euro today, in line with other currencies in the region

Marţi, 13 Mai 2008, 00:00

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Romania's national currency the leu advanced to 3.66 against the single European currency in today's opening session, next to other foreign currencies in the region, on favorable moves on the U.S. market, dealers said.

Banks bought the euro with 3.66 lei and sold it for 3.6650 lei at 11 a.m.

On international markets, the U.S. dollar inched from 1.5565 to 1.5506 versus the euro. At 11 a.m. Romania's hour, the euro was sold for 1.5526 U.S. dollars.

Interbank interests for overnight deposits stood at 9.75 – 10.25 percent per year, exceeding the monetary policy rate of 9.75 percent per year, on higher demand for lei on the market.

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