The leu opened at 4.406/4.407 per euro, from 4.42/4.4215 per euro at Wednesday close.
Market participants say some of the players have tried to push the leu below 4.4 per euro in the morning, but the central bank wasn’t willing to support the move.
At around 10:15 am, the leu traded at 4.407/4.4095 per euro, after hitting an early high of 4.401 per euro.
The leu’s indicative fell to a fresh record low of 4.4168 to the euro Wednesday, amid political turmoil following the government’s collapse last week. However, the leu seemed to have stabilized Wednesday evening, after central bank governor Mugur Isarescu said the decline was a normal reaction to the political events.
The leu’s evolution could also reflect a shift in macroeconomic fundamentals, he said.
On the money market Thursday morning, overnight rates were at 4.2%-4.7% a year.