The leu closed at 4.5325/4.534 to the euro, from 4.543/4.547 to the euro in the previous day.

The currency opened at 4.547/4.55 per euro, but lost ground in early action, hitting a low of 4.555 per euro. It later recovered toward 4.53 against the euro and market participants said the central bank has stepped in to prop the leu.

The central bank set the leu’s reference at 4.5318 units, a new record high in the last four weeks. Against the US dollar, however, the leu’s indicative lost 0.4% on the day to 3.5001 units.

In the money market, overnight rates were flat at 4.9%-5.4% a year.

Subiecte #EURO#LEU