The local currency opened at 4.3865 to the euro and moved between an intraday low of 4.3888 per euro and a high of 4.3838 per euro.
The leu’s evolution was not influenced by the central bank’s monetary policy decisions at today’s meeting. The bank kept its key lending rate unchanged at 3.5%, in line with market expectations, but lowered the reserve requirements for foreign currency deposits to 16% from 18% previously.
The leu’s exchange rate was set at 4.3845 to the euro, a fresh record high for the past 13 months. Against the US dollar, the leu’s indicative won 0.4% to 3.2021 units, the strongest rate in two months.
In the money market, overnight rates were at 1.86%-2.38% a year.