The leu closed at 4.43/4.432 per euro, from 4.4355/4.4385 per euro Thursday.
The local currency opened at 4.4325 to the euro and ranged between a high of 4.4275 per euro and a low of 4.4335 per euro.
The central bank set the leu’s reference rate at 4.4295 versus the euro, the strongest level in eight months. However, against the US dollar, the leu’s indicative lost 0.8% on the day to 3.2059 units.
Central bank’s governor Mugur Isarescu said yesterday that the leu’s recent appreciation against the euro has been driven by foreign funds and that it wasn’t supported by the economic fundamentals.
In the money market Friday, overnight rates were at 2.1%-2.6% a year, slightly lower on the day.