The currency opened flat at 4.52 to the euro and traded around that level in the first half of the session, amid low volumes. In the afternoon, the leu started to depreciate and hit the day’s low of 4.529 to the euro toward closing.
The central bank set the leu’s reference at 4.522 against the euro, weaker from 4.5156 per euro Thursday. Against the US dollar, the leu’s indicative lost 0.3% on the day to 3.5545 units.
In the money market, overnight rates were at 5.2%-5.7% a year, slightly higher on the day.