Romania’s national currency advances to 3.74 lei against the euro, within a low-deal market

The exchange rate stays close to 3.74 lei/euro within a rather calm market, Banca Comerciala Carpatica (BCC) dealer Florin Constantinescu said.

The U.S. dollar fluctuated between 1.4758 and 1.4796 per euro on the international markets, while at 10:00 a.m Romania's hour, the euro was sold for 1.4760 U.S. dollars.

The interbank interest rates for overnight deposits stood around 9 percent per year, exceeding the monetary policy interest rate due to the creation of the banks’ minimum mandatory reserves. 

Source: NewsIn