The currency opened at 4.575 per euro and advanced slightly in early action, trading at 4.571 to the euro. Euro demand later pushed the currency toward 4.58 to the euro and market participants said the central bank intervened and sold hard currency to support the leu.
In the afternoon, the leu traded near 4.575 against the euro.
The central bank set the leu’s reference at 4.5693 per euro, slightly weaker on the day. Against the US dollar, however, the leu’s indicative won 0.3% on the day to 3.5143 units.
In the money market, overnight rates were flat at 5.1%-5.6% a year.