On December 31, 2013, the leu’s reference rate was 4.4847 per euro.
Against the US dollar, the leu’s exchange rate lost more than 1% to 3.2888 units, from 3.2551 units on Tuesday. The interbank market was closed on January 1 and 2.
The leu opened at 4.481 to the euro, weaker than 4.472/4.474 to the euro in the last trading day of 2013.
It gained some ground after the first trades, but increasing corporate demand for hard currency push the leu to an early low of 4.4895 per euro. At around 13:00 local time (GMT1100), the leu traded at 4.487/4.489 to the euro, on “good transferred volumes for a first day of the year,” according to dealers.
On the money market Friday morning, overnight rates were at 1%-1.5% a year.