Leul opens higher vs. euro in footsteps of IMF agreement with Romania

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Leul opened higher against the euro in the footsteps of the International Monetary Fund (IMF) approval of the stand-by agreement with Romania on Monday, May 4, in the value of 12.95 billion euros, and the official exchange rate of the single European currency dropped more than three bani as against the previous day.

Romania’s National Bank (BNR) announced on Tuesday a reference rate for the euro of 4.1605 lei, down 3.15 bani (0.75 percent) compared to Monday, when it announced a reference rate of 4.1920 lei for one euro.

The American dollar was down 0.05 bani (1.58 percent), and BNR announced a rate of 3.1103 lei for one dollar, compared to 3.1603 lei the previous trading session.

One gram of gold was set at 90.1740 lei, 57.76 bani (0.64 percent) less than during the previous trading session.
On Sibiu Exchange the euro is quoted at 4.22 lei for June and the dollar at 3.3 lei.

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