The leu closed at 4.445/4.446 per euro, from 4.4355/4.4365 per euro Wednesday. The local market was closed for a religious holiday yesterday.

The national opened at 4.45 to the euro, similar to its close levels in international markets Thursday. It further depreciated and hit a low of 4.453 to the euro before recovering slightly in the second half of the session.

The central bank set the leu’s reference at 4.4511 versus the euro, the lowest rate since July 3. Against the US dollar, the leu’s indicative won 0.2% on the day to 3.3365 units.

In the money market, overnight rates inched down to 1.4%-1.9% a year, from 1.46%-1.96% a year Wednesday.

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