Antena 3 CNN Business Leu takes nosedive after 2016 budget adoption

Leu takes nosedive after 2016 budget adoption

Leu takes nosedive after 2016 budget adoption
11 Dec 2015   •   14:05

The central bank set the reference exchange rate of the euro at 4 and a half lei yesterday. The European single currency gained 0.34 percent against the leu overnight. We haven't had an exchange rate of 4.5 lei for an euro since early this year.

On the other hand, the US dollar has also appreciated against the Romanian national currency.  It currently trades for 4.11 lei, at the National Bank of Romania.

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