The leu opened at 4.458 per euro, from 4.459/4.461 per euro at Wednesday close.

At around 10:10 am, the local currency traded at 4.458/4.461 to the euro.

“There were no immediate reactions to inflation data and the market continues in the same note of apathy, with only nine deals made during the first trading hour,” said one dealer.

Romanian consumer prices were roughly unchanged in March, held down by declining food prices, while the annual inflation eased for the fifth straight month to a fresh record low of 1.04%, from 1.05% a month earlier, official data showed earlier Thursday.

The statistics institute also released data on the industrial production in February, which showed the adjusted output fell 1.3% on the month, but was up 9.1% from the year-earlier period.

The central bank set the leu’s reference at 4.4635 versus the euro Wednesday, 0.17% weaker on the day. Against the US dollar, the leu’s indicative was 3.2356, little changed from Tuesday.

In the money market Thursday morning, overnight rates were at 1.7%-2.2% a year.

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