Elsewhere in the region, the leu’s peers were edging lower versus the European common currency.
The leu opened up at 4.522/4.523 per euro, from 4.527/4.5275 per euro at Wednesday close. It further appreciated, breaking the 4.45-unit threshold in the second half of the session. The currency hit the day’s high of 4.475 to the euro toward closing.
Market participants said investors are optimistic about political stability following Sunday’s parliamentary elections, as well as about Romania signing a new deal with the International Monetary Fund.
The central bank set the leu’s reference at 4.5075 against the euro, the strongest rate in two weeks. Against the US dollar, the leu’s indicative won 0.8% on the day to 3.4522 units.
In the money market, overnight rates were flat at 5%-5.5% a year.