On Thursday, the central bank set the leu’s reference rate at 4.6205 per euro.

Against the US dollar, the leu gained almost 1.4% to 3.7575 units, from 3.8098 units on Thursday.

The leu opened stronger, at 4.61 to the euro, from 4.6155/4.6180 to the euro at previous closing. It further gained ground, reaching an early high at 4.6 to the euro, but it soon switched trend. At around 1:00 pm (GMT1000), the leu traded at 4.612/4.614 against the euro.

On the money market, overnight rates were flat on the day at 4.8%-5.3% a year.