The leu opened at 4.3935 to the euro, similar with 4.398/4.4 per euro at Tuesday close.

At around 10:00 local time, the national currency traded at 4.3941/4.395 against the euro.

Wednesday, the central bank set the leu’s reference rate at 4.404 to the euro, modestly stronger from 4.4049 per euro in the previous session. The local currency edged higher against the US dollar as well and its indicative rate was set at 3.2481 units, versus 3.2486 units Tuesday.

In the money market Thursday morning, overnight rates were at 0.4%-0.9%, from 9.35% – 0.85 a year Wednesday.

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