The leu opened at 4.263/4.265 to the euro, compared to 4.259/4.261 at closing the day before.

Within the first hour of trading, the leu saw some minor fluctuation, reaching a low of 4.265/4.2665 against the European coin.

The central bank set Thursday a leu to euro reference of 4.2567 units, slightly stronger than 4.2609 units in the previous day.

On the money market Friday morning, overnight rates declined to 4.2%-4.7% a year, from 5.5%-6% a year the day before.

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