Euro weakest against RON since August 2005

The Romanian currency RON grew 0.03% against the European single currency on Tuesday reaching a rate of 3.4311 RON/euro, the weakest stand for the euro since August 2005, according to the Newsin news agency. The US dollar did not fare better either with its rate today – 2.5758 RON/USD, unseen since December 2000.

The Romanian financial market does not trade the US currency directly, but the central bank in Bucharest computes the RON/USD rate according to the evolution of international financial markets.