The leu opened at 4.386/4.389 to the euro. At around 10:00 am, the currency traded at 4.3865/4.389 per euro.
The central bank set the leu’s reference at 4.3852 per euro Wednesday, weaker from 4.3764 per euro a day earlier. Against the US dollar, the leu’s indicative retreated 0.26% to 3.2404 units.
In the money market Thursday morning, overnight rates were at 5.7%-6.2% a year.