The leu opened at 4.486 to the euro, higher than Wednesday’s closing rate of 4.4905/4.495, then dropped slightly to 4.4915/4.494 around 10:15 am.

The central bank set the leu’s reference at 4.4881 units to the euro Wednesday, weaker than Tuesday’s 4.4834 lei to the euro.

On the money market Thursday morning, overnight rates were at 4.7%-5.2% a year.