However, the leu lost ground against the Swiss franc, following euro’s strong depreciation against the Swiss currency, and the exchange rate was set at 3.5362, close to the all-time low recorded Monday.
The leu’s reference rose against the US dollar to 2.9523 units, from 2.9694 units on Thursday.
Friday, the leu opened at 4.224/4.226 per euro, close to previous closing levels, and further gained ground towards an early low of 4.21/4.212 per euro, as the European leaders pledged support for a financially-troubled Greece.
However, the Greek debt problem is far from over and the leu tempered its rising trend, in line with the other currencies in the region.
By 1:00 pm, the leu traded at 4.215/4.217 to the euro, while the neighboring currencies were also gaining about 0.3% against the European coin.
On the money market Friday morning, overnight rates rose to 4%-4.5% a year, from 2.2%-2.7% a year in the previous day.