The leu opened flat at 4.405/4.4075 to the euro and moved in a narrow range in the first hour. At around 10:15 am, the leu traded at 4.406/4.408 to the euro.
The central bank set the leu’s reference at 4.4078 per euro Thursday, 0.2% stronger from an all-time low of 4.4168 to the euro a day earlier.
On the money market Friday morning, overnight rates were at 4.1%-4.6% a year.