The leu opened at 4.525 to the euro, slightly weaker than 4.52/4.5215 to the euro at Wednesday close. It further lost ground after the first trades, reaching an early low of 4.529 units, before returning towards the opening levels.
Wednesday, the Romanian central bank set the leu’s exchange rate at 4.5261 per euro, almost unchanged from 4.5260 per euro in the previous session.
On the money market Thursday morning, overnight rates stayed around 0.5%-1% a year.