The leu opened at 4.245/4.248 per euro, from 4.23/4.233 per euro at Thursday’s closing. It further lost ground, pushed by higher demand for foreign currency, and hit an early low of 4.253 per euro.

At around 10:00 local time, the leu traded at 4.248/4.25 to the euro.

Elsewhere in the region, the Hungary’s forint was down 0.2% against the euro, while the Polish zloty was losing 0.4%.

The central bank set the leu’s reference at 4.2236 to the euro Thursday, 0.25% stronger on the day.

On the money market Friday morning, overnight rates were at 4.5%-5% a year.

Subiecte #EURO#LEU