The leu opened at 4.384/4.385 against the euro, compared to 4.381/4.3835 at closing the day before.

Within the first hour, the leu oscillated within narrow margins and, at around 10:00 local time, it was trading at 4.383/4.384 to the euro.

The central bank set the leu’s reference at 4.3672 per euro, the lowest rate in the past 21 months. Against the US dollar, the leu’s reference lost 0.31% on the day to 3.3478 units.

On the money market, overnight rates rose to 2.25%-2.75% a year, from 1.6%-2.1% Thursday.

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