ING: The leu will remain strong

Elena Voinea (Translated by Cosmin Ghidoveanu)
Ziarul BURSA #English Section / 16 martie 2011

ING: The leu will remain strong

The Romanian currency may only see marginal losses, after rising to a nine-month high in the beginning of the week, because the Central Bank may fight the tendency of the domestic currency to depreciate, a report by ING bank states.

On Monday The Romanian Central Bank (BNR) displayed a reference rate of 4.1843 lei/Euro, down 2.05 bani, as opposed to the level of 4.2048 lei/Euro, recorded on Friday. A level this low was reached on June 2nd, 2010, when the exchange rate was 4.1835 lei/Euro. Yesterday, the Euro gained 0.22 bani, being quoted by the NBR at 4.1865 lei.

Analysts predict that the appreciation of the leu can be attributed to the intervention of the NBR.

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21 Ian. 2022
Euro (EUR)Euro4.9449
Dolar SUA (USD)Dolar SUA4.3614
Franc elveţian (CHF)Franc elveţian4.7821
Liră sterlină (GBP)Liră sterlină5.9178
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