The leu closed at 4.4751 per euro, down from 4.463/4.466 per euro Wednesday.The local market was closed last Thursday and Friday for Christmas holiday.

In the first trading hour, the national currency traded at 4.468/4.47 against the euro, and ranged from a high of 4.468 per euro and a low of 4.4752 per euro throughout the day.

The central bank set the leu’s a reference rate at 4.4744 units, down 0.09% from the previous day. Against the US dollar, the leu’s indicative lost 0.09% on the day to 3.6684 units.

In the money market, overnight rates fell to 0.15%-0.61% a year, from 0.26% – 0.73% a year Wednesday.

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