The leu opened flat versus the euro, but retreated slightly in the morning, trading near 4.27 per euro for the first half of the session. It afterward changed trend, amid improved investor confidence in the region, and traded below 4.27 per euro until closing.
The central bank set the leu’s reference at 4.271 to the euro, over 0.5% stronger on the day.
On the money market, overnight rates fell to 4.5%-5% a year, from 4.8%-5.3% a year Thursday.