The leu closed at 4.433/4.434 per euro, from 4.441/4.444 per euro Thursday.

The leu opened flat on the day and traded in narrow ranges throughout the session, with investors showing little appetite for the local currency.

The central bank set the leu’s reference at 4.4373 versus the euro, slightly stronger from a three-week low of 4.4399 units a day earlier. Against the US dollar, the leu’s indicative won 0.3% on the day to 3.3157 units.

In the money market, overnight rates fell to 1.7%-2.2% a year, on liquidity surplus. Thursday, the rates were at 1.9%-2.4% a year.

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