November 19 (SeeNews) - The Romanian leu ended steady against the euro on Monday after touching a 2007 low of 3.4870 on Friday when news of the country's widening current account gap boosted demand for euro from foreigners, dealers said.
The leu closed at around 3.4850/70 per euro, compared to 3.4850/60 on Friday. It ended at 3.4620/40 on Thursday and 3.4500/20 on Wednesday.
"The leu opened at 3.4830/60 per euro and was traded calmly during the day to close almost unchanged from Friday", one dealer told SeeNews.
Romania's central bank (BNR) set its reference exchange rate, used for statistical purposes, at 3.4833 per euro on Monday, compared to 3.4764 on Friday. For the dollar, the reference exchange rate was set at 2.3800 versus Friday's 2.3818 lei.
The BNR attracted 6.058 billion lei in two-week deposits on Monday at a 7.5% annual yield, the dealer said. Interest rates on overnight leu deposits fell to an average of 6.35%/7.02% from 6.40%/7.16% on Friday.
Turnover on the interbank leu deposit market fell to 1,154.8 million lei on Friday from 1,176.7 million lei on Thursday. The BNR will issue Monday's figures on Tuesday.
Following are Monday's average bid and ask quotes of commercial banks on Romania's interbank market. They were calculated at 11 a.m. (0900 GMT) by the BNR, based on data provided by 10 commercial banks (in percent):
|
|
ROBID |
ROBOR |
|
|
6.35 |
7.02 |
|
|
6.33 |
7.00 |
|
|
6.76 |
7.48 |
|
|
7.32 |
7.93 |
|
|
7.36 |
8.03 |
|
|
7.38 |
8.18 |
|
|
7.43 |
8.21 |
|
|
7.45 |
8.26 |