Thursday, the leu closed at 4.45 to the euro.

The currency opened at 4.4565 per euro and strengthened to 4.4435 to the euro during early trading hours. It later turned to losses and hit the day’s low of 4.4655 per euro in the second half of the session.

The central bank set the leu’s reference at 4.4588 versus the euro, 0.3% weaker on the day. Against the US dollar, the leu’s indicative was flat at 3.4151 units.

In the money market, overnight rates rose to 5%-5.5% a year, from 4.3%-4.8% a year Thursday.

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