At around 10:00 local time, the leu traded at 4.401/4.4035 per euro, almost unchanged from 4.4022 to the euro at Wednesday close.
During the first hour of trading, the national currency touched an early high of 4.402 to the euro and an early low of 4.4035 against the euro.
Wednesday, the central bank set the official exchange rate at 4.4012 units, almost unchanged from 4.4019 units a day before. Against the US dollar, the leu’s indicative lost 0.32% on the day to 3.4252 units.
In the money market Thursday morning, overnight rates rose to 4.25% – 5% a year, from 3.2% – 3.7% a year Wednesday, after several commercial banks paid back by the due date loans worth RON1.3 billion granted by Romania’s central bank last week through a repurchasing agreement operation.