
The euro weakened against the Romanian leu on Friday, trading at 5.34 lei on the interbank market ahead of S&P Global’s sovereign rating announcement for Romania. The National Bank of Romania, which lost €4.8 billion from its foreign exchange reserves last month, may intervene to curb the leu’s volatility under its managed float regime, according to BNR spokesperson Dan Suciu.
Suciu said the central bank balances exchange rate fluctuations with interest rate adjustments, noting that such decisions affect market liquidity and could impact economic financing and the state budget. “We are in a period we are trying to manage,” he said .
In Moldova, the U.S. dollar appreciated slightly to 17.80 lei, while the euro held steady at 20.10 lei, according to Moldpres .
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