The leu opened at 4.39/4.393 per euro, from 4.3915/4.392 per euro at Thursday close. At around 10:30 am, the currency traded at 4.389/4.39 to the euro.
The central bank set the leu’s reference at 4.3985 versus the euro Thursday, the strongest rate in eight weeks. Against the US dollar, the leu’s indicative weakened modestly to 3.3314 units.
In the money market Friday morning, overnight rates were at 4%-4.5% a year.