The leu closed at 4.4285/4.4295 per euro, slightly stronger from 4.436/4.438 per euro Wednesday.

The local currency opened flat against the euro and moved in narrow ranges throughout the session. It hit a low of 4.4395 to the euro and a high of 4.288 per euro.

The central bank set the leu’s reference at 4.4339 versus the euro, 0.3% stronger on the day. Against the US dollar, the leu’s indicative weakened marginally to 3.3814 units, from 3.3809 units Wednesday.

In the money market, overnight rates were flat at 4.6%-5.1% a year.

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