The leu opened at 4.522/4.523 to the euro, from 4.527/4.5275 to the euro at Wednesday close.

It further gained ground, touching an early high at 4.5185/4.52 units, supported by euro sales made by foreign investors. The traded volumes were, however, lower than Wednesday morning, dealers said.

At around 10:15 local time (GMT0815), the leu traded at 4.5195/4.5205 to the euro.

Romania’s central bank set the leu’s exchange rate at 4.5317 per euro, about 0.15% stronger on the day.

On the money market Thursday morning, overnight rates stood at 5%-5.5% a year.

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