The leu traded in a narrow range on Wednesday also, with no major reactions to the breakup of the ruling coalition.
Yesterday, the leu closed at 4.5175/4.5195 to the euro, and it opened Thursday at roughly the same level. At 10:00 local time (GMT0800), the local currency was listed at 4.516/4.519 to the euro.
“The market is very quiet, no transaction was made until 10 o’clock,” a dealer said.
On Wednesday, the Romanian central bank set the leu’s exchange rate at 4.5144 per euro, slightly stronger than 4.5173 per euro in the previous day.
On the money market Thursday morning, overnight rates were stable at 2.25%-2.75% a year.