The leu opened flat at 4.44 to the euro and stayed near that level in the first hour.
At around 10:30 am, the leu traded at 4.396/4.399 against the euro.
The central bank set the leu’s reference at 4.4399 versus the euro Thursday, the lowest rate in three weeks. However, the leu’s indicative strengthened against the US dollar to 3.3254 units, from 3.3365 units in the previous session.
In the money market Friday morning, overnight rates were at 2%-2.5% a year.