The Romanian leu depreciated further against the euro by midday Wednesday and the central bank set the leu’s reference rate versus the euro at 5.0991 units, amid lingering political tension locally following the first round of presidential election.
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, as well as for companies' leu-denominated loans, has jumped to 6.47% on Wednesday (May 7), from 6.08% on May 6, in line with central bank data.