The leu opened at 4.466 against the euro, slightly higher from 4.469/4.471 at Wednesday closing.
The national currency moved in a tight range in the first hour of trading, on low volumes, and shortly after 10:00 local time (GMT0800), it strengthened at 4.465/4.467 to the euro.
The central bank Wednesday set the leu’s reference at 4.4715 against the euro, the lowest level in the past 11 weeks. However, against the US dollar, the leu’s indicative gained modestly to 3.29 units, from 3.2936 units a day earlier.
In the money market Thursday morning, overnight rates rose to 1.75% – 2.25% a year, from 1.63% – 2.13% a year Wednesday.