The leu opened at 4.4035 to the euro, slightly lower from 4.4 per euro at Wednesday close.
In the first trading hour, the national currency traded at 4.4135/4.417 against the euro. It ranged from a high of 4.4035 per euro and a low of 4.416 per euro.
Wednesday, the central bank’s reference rate weakened for the second consecutive session to 4.4025 against the euro, from 4.3955 to the euro Tuesday. Against the US dollar, the leu’s indicative lost 0.4% to 3.285 units.
In the money market Thursday morning, overnight rates were at 1.5%-2.5%, from 1.51% – 2.01 a year Wednesday.