The currency opened at 4.44/4.4425 per euro and traded in narrow ranges in the first half of the session, amid low volumes. During late trading hours, the leu appreciated toward 4.43 to the euro.
The central bank set the leu’s reference at 4.442 to the euro, 0.2% stronger on the day. Against the US dollar, the leu’s indicative won 0.5% on the day at 3.4165 units.
In the money market, overnight rates were flat at 4.5%-5% a year.