The leu opened at 4.44/4.4425 per euro, from 4.451/4.454 per euro at Wednesday close. It hit an early high of 4.434 to the euro, but returned toward 4.44 per euro shortly after.
The central bank set the leu’s reference at 4.4514 versus the euro Wednesday, weaker from 4.4391 per euro in the previous day. Against the US dollar, the leu’s indicative lost roughly 0.8% on the day to 3.4337 units.
In the money market Thursday morning, overnight rates were at 4.5%-5% a year.