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Sep 12, 2007 18:35 EEST
September 12 (SeeNews) - The Romanian leu closed steady against the euro on Wednesday in calm trading and small volumes, dealers said.
"The leu opened at 3.3100/50 per euro and closed at 3.3150/3.3100, as trading intensified in the last hours of the session. We expect it to strengthen a bit in the next days," one dealer told SeeNews.
The leu closed at 3.3150/70 on Tuesday, weaker than 3.3070/80 lei on Monday but stronger than 3.3200 at the end of last week.
The Romanian central bank, BNR, set its reference exchange rate, used for statistical purposes, at 3.3139 lei per euro on Wednesday, compared to 3.3120 lei per euro on Tuesday. For the dollar, the reference exchange rate was set at 2.3906 lei versus Tuesday's 2.3988 lei.
Interest rates on overnight leu deposits were at an average of 5.97%/6.89%, compared to 5.94%/6.83% on Tuesday.
Turnover on the interbank leu deposit market fell to 826.7 million lei on Tuesday from 4.98 billion lei on Monday. The BNR will issue Wednesday's figures on Thursday.
Following are Wednesday's average bid and ask quotes of commercial banks on Romania's interbank market. They were calculated at 11 a.m. (0800 GMT) by the BNR, based on data provided by 10 commercial banks (in percent):
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