The leu opened slightly down at 4.353/4.355 per euro, from 4.349/4.352 per euro at Thursday’s closing. It afterward gained modestly and at around 10:15 hours traded at 4.348/4.351 per euro.
The central bank set the leu’s reference rate at 4.3585 to the euro Thursday, the weakest rate in 16 months.
On the money market Friday morning, overnight rates were at 4.7%-5.2% a year.