The Romanian leu experienced slight fluctuations against major currencies on Tuesday, May 13, remaining just above the 5.10 lei mark against the euro. This comes amid investor caution influenced by domestic political factors. The interbank exchange rate reached 5.1160 lei/euro at 13:01, coinciding with the official BNR (National Bank of Romania) exchange rate release.
The euro saw a slight appreciation to 5.1036 lei, a minor increase of 0.0045 from 5.0991. The leu's depreciation appears to have stabilized. Political factors are contributing to the leu remaining above the 5 lei per euro threshold.
The US dollar depreciated slightly to 4.5335 lei, down from 4.5849 lei, a decrease of 0.0514 units compared to Friday, May 10. The British pound also saw a minor depreciation, reaching 6.0523 lei, a decrease of 0.0123 units from 6.0646.
Fluctuations in the exchange rate are influenced by various factors, including the monetary policies of the BNR and other central banks. Political factors can also play a significant role, leading to market adjustments. The evolution of the interbank market, reflecting the supply and demand for lei in relation to other currencies, is a primary driver.