Wednesday, the leu fell against the euro on high foreign currency demand and closed at 4.424/4.426 units.

It opened Thursday at 4.4175/4.42 to the euro and stayed around 4.42 in the first hour of the session.

Romania’s central bank set Wednesday the leu’s reference rate at 4.416 per euro, very close to the all-time low of 4.4168 set on May 2.

On the money market Thursday morning, overnight rates were stable at 3.8-4.3% a year.

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