The leu closed at 4.4/4.401 to the euro, from 4.388/4.391 to the euro Wednesday.

The currency opened flat versus the euro and moved in a narrow range in the first hour. However, euro demand from non-residents pushed the leu to an intraday low of 4.4121 against the European common currency.

The central bank set the leu’s reference at 4.4106 per euro, the lowest rate in one month. Against the US dollar, the leu’s indicative lost 0.3% to 3.2493 units.

In the money market, overnight rates were flat at 5.6%-6.1% a year.

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