The local currency opened at 4.4 per euro and traded near that level during the first half of the session. It later strengthened below 4.4 to the euro, amid increased appetite from investors.
The central bank’s reference firmed for the fourth consecutive session to 4.4 versus the euro, a new record high in the past two weeks. Against the US dollar, the leu’s indicative gained 0.16% on the day to 3.2715 units.
In the money market, overnight rates fell to 2%-2.5% a year, from 2.5%-3% a year Thursday.