The leu lost ground Thursday on the foreign markets due to a lack of liquidity, as the local market was closed for a national holiday.
On Wednesday, the leu closed at 4.4355/4.4365 per euro, and today it opened weaker, at around 4.45 per euro. By 10:15 local time (GMT0715), it had already recouped some of the lost ground, trading at 4.4455/4.447 units, on low volumes.
The Romanian central bank set Wednesday the leu’s exchange rate at 4.4278 per euro, from 4.425 per euro in the previous session.
On the money market Friday morning, overnight rates were almost unchanged at 1.4%-1.9% a year.