The leu opened at 4.369/4.370 against the euro, compared to 4.364/4.366 at closing the day before.

Within the first hour, the leu weakened to a low of 4.373 against the euro and, at around 10:00 local time it was trading at 4,370/4.372 to the euro.

On Wednesday, The central bank set the leu’s reference at 4.3565 to the euro, the weakest rate in two weeks. Against the US dollar, the leu’s indicative fell 0.6% to 3.23 units, from 3.2116 units a day earlier.

On the money market early Thursday, overnight rates rose to 8%-9% a year, from 6.8%-7.3% a year at closing the day before.

Subiecte #EURO#LEU