The leu opened at 4.439/4.44 per euro, similar with 4.437/4.439 per euro at Wednesday closing.

Around 10:30 local time (GMT0730), the leu was trading 4.4415/4.4430 per to the euro.

The central bank set the leu’s reference at 4.4378 versus the euro, from 4.437 units a day earlier. Against the US dollar, however, the leu’s indicative won 0.6% to 3.2251 units.

In the money market Thursday morning, overnight rates rose to 2.5 – 3% a year, well bellow the central bank’s monetary policy rate of 4.25%.

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