However, volumes remained scarce, dealers said.
The leu opened at 4.352/4.3535 per euro, from 4.3555/4.357 per euro at Thursday close, and traded around that level for the first half of the session. In the afternoon, the currency depreciated to 4.36 versus the euro.
The leu’s neighbors were gaining around 0.3% against the euro at presstime.
Romania’s central bank set the leu’s reference at 4.3544 per euro, slightly weaker from a six-week high of 4.3524 per euro a day earlier. Against the US dollar, the leu’s indicative gained 0.7% on the day to 3.3174 units, the strongest rate since February 25.
In the money market, overnight rates dipped to 4.6%-5.1% a year, from 4.7%-5.2% a year Thursday.