The leu opened flat versus the euro, but further lost ground, hitting an early low of 4.253 per euro. It later started to recover and traded near 4.24 throughout the session.
The leu’s slight appreciation in the second part of the session came after news that the US economy expanded at a meager 1.3% in the second quarter, below expectations.
The central bank set the leu’s reference at 4.2403 to the euro, from 4.2445 to the euro Thursday.
On the money market, overnight rates fell modestly to 4.1%-4.6% a year, from 4.2%-4.7% a year in the previous day.