The leu opened at 4.376/4.378 to the euro, from 4.377/4.3785 to the euro at Wednesday closing.

Within the first hour of the session, the leu traded in a narrow range, around the opening levels. The other currencies in the region were also flat against the euro.

The Romanian central bank set Wednesday the leu’s reference rate at 4.3778 per euro, marginally weaker on the day.

On the money market Thursday morning, overnight rates were stable at 3%-3.5% a year.

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