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Reference rate goes up slightly, to 4.2673 lei / euro, on a quiet market

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Posted on miercuri, 7 octombrie 2009 by M.

CB reference rate rose by about half a penny Wednesday (0.13%), at 4.2673 lei / euro, on a quiet market with few transactions, the lion followed the evolution of other emerging currencies in the region.

Tuesday, the central bank show a course reference of 4.2619 RON / EUR.


"The market is relatively calm, and the lion has a tendency to start hearing impairment, in keeping with the region," said, for NewsIn, Ciprian Mihai, head of the treasury department Volksbank Romania.

European currency to buy the debut meeting with 4.2650 lei, after the exchange rate dropped to 4.2560 units per euro, then ieftinească lion to almost 4.27 units per euro. At 13:10, one euro bought 4.2624 banks and sells it with 4.2714 lei lei.


In the region, the Polish currency has depreciated gradually from about 4.1780 to 4.20 zlotys per euro, after a slight strengthening in onset, while the Hungarian forint lost ground from 266.5 to nearly 268 units / euro and then to strengthen slightly to about 267.5 units per euro.

Against the U.S. dollar, the NBR reference rate rose by almost a cent (0.28%) to 2.9001 euro / dollar level on Tuesday, to 2.8921 euro / dollar.

International markets, the U.S. currency appreciated slightly in the first phase, from 1.4735 to 1.4685 dollars / euros, but then returned near the initial quotes. At 13:10, Romanian time, the euro was quoted at $ 1.4724.

National Bank of Romania has shown, in the morning of Wednesday, a higher average interest rate on deposits (ROBID) for one day (overnight) of 9.68% per year, up from that of the previous meeting, the 9.61% per year and overnight deposits placed (ROBOR) rate climbed to 10.18% a year from Tuesday's level, of 10.11% per year.

Interest type of overnight money market have dropped to around 8-9% per year, slightly above the monetary policy interest rate of 8%.



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