Thursday, the local currency closed at 4.361/4.363 per euro.
The leu opened at 4.353/4.355 versus the euro and traded near the opening levels in early action, amid low volumes. Around noon, however, the currency weakened above 4.36 to the euro, but reversed trend once again in late trade and strengthened to 4.355 to the euro.
The central bank set the leu’s reference at 4.3625 per euro, a fresh record low in the last five weeks.
However, the leu appreciated against the US dollar and its indicative rate reached 3.3651 units, from a six-week low of 3.3845 units a day earlier.
In the money market, overnight rates rose to 4.5%-5% a year, from 2.1%-2.6% a year in the previous session, as banks have started to build up their monthly reserves required by the central bank.