The leu closed at 4.115/4.115 per euro, barely changed from 4.114/4.116 per euro Thursday.
Elsewhere in the region, the leu’s peers were trading down 0.2% on average against the euro.
The leu opened at 4.1125/4.115 per euro, from 4.114/4.116 per euro at Thursday’s closing and further gained ground, following positive data for the first quarter economic growth which indicate the country has emerged from a two and a half year recession.
At around GMT1000, the leu traded at 4.1065/4.108 to the euro, after hitting an early high of 4.103 to the euro. It later reversed trend, in line with the currencies in the region, and touched the day’s low at 4.117 to the euro.
The Romanian economy expanded by 0.6% in the first quarter, after a meager recovery of just 0.1% three months earlier, a flash estimate of the country’s statistics institute showed earlier Friday.
Preliminary adjusted data showed the first-quarter gross domestic product increased by 0.3% from the same period of 2010. In unadjusted data, the annual growth was 1.6%.
On the money market, overnight rates were flat at 2.8%-3.3% a year.