The leu opened at 4346/4.349 to the euro, compared with 4.3445/4.3485 to the euro at Wednesday closing.

The local currency stayed around the opening levels for most of the early session, and traded at 4.347/4.3485 versus the euro at around 10:30 local time (GMT0730). The other currencies in the region were also insignificantly changed against the euro.

Romania’s central bank set the Wednesday the leu’s exchange rate at 4.3497, a two-week low, as the currency erased yesterday all the gains it made the day before on a negative sentiment in the region.

On the money market Thursday morning, overnight rates were at 3.5%-4% a year.

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