The leu opened flat at 4.52 to the euro and traded around that level for the first hour.

At around 10:20 am, the leu traded at 4.5195/4.52 versus the euro.

The central bank set the leu’s reference at 4.5156 against the euro Thursday, slightly weaker on the day. Against the US dollar, the leu’s indicative lost 1% on the day to 3.5451 units.

In the money market Friday morning, overnight rates were flat at 5%-5.5% a year.

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