Wednesday, the leu’s reference rate was 4.4637 to the euro, the strongest level in almost seven weeks. The local currency gained 1.06% versus the euro over the past week.
Against the US dollar, the indicative for the leu reached 3.2533 units Thursday, 0.6% weaker on the day.
The leu opened roughly flat at 4.473 per euro but further depreciated, amid increased demand for euros from non-residents. It reached an early low of 4.483 to the euro before recovering near 4.47 per euro around noon.
At around 1:00 pm, the leu traded at 4.4735/4.4745 versus the euro.
In the money market, overnight rates rose to 1.9%-2.4% a year, from 1.6%-2.1% a year Wednesday.