The leu opened at 4.336/4.338 per euro, from 4.328/4.33 per euro at Thursday’s closing. It later recovered just barely and traded at 4.331/4.3335 per euro after the first hour.
Elsewhere in the region, the leu’s peers were up by some 0.1% versus the euro, with dealers suspecting covert interventions from the central banks.
Romanian central bank set the leu’s reference at 4.3308 to the euro Thursday, slightly stronger on the day.
On the money market, overnight rates were at 2.5%-3% a year, kept down by excess liquidity.