Leu Shrugs Off Earlier Decline To Close Almost Flat At 4.53 Vs Euro

01.24.2014 By Florentina Dragu

The Romanian leu weakened to 4.55 against the euro in the second half of Friday’s session, amid a negative sentiment in the region, but recovered shortly after to finish the day near 4.53 per euro, with dealers alleging a covert intervention from the central bank.

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LEU
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