Romania's leu hits the year's high of 3.5350 versus the euro, following regional trend

Romania's national currency, the leu, advanced to 3.5350 against the single European currency at the end of the day, continuing increasing trend to the highest peak this year, owing to investors' higher appetite for risk.

The leu climbed from 3.56 to 3.52 versus the euro this morning and then started to lose ground. Banks bought the euro with 3.5355 lei and sold it for 3.5415 lei at 5:15 p.m. (Bucharest time).

The reference exchange rate posted today by Romania's Central Bank (BNR) shows a 1.39 percent growth of the leu against the euro to 3.5434 and a 1.2 percent increase against the U.S. dollar to 2.2585.

On the international markets, the U.S. dollar dropped from 1.5651 to 1.5744 versus the euro. At 5:20 p.m. Romania's hour, the euro traded at 1.5728 U.S. dollars.

Interbank interests for overnight deposits stood close to the monetary policy rate set by the central bank at 10 percent per year.