On Thursday, the leu’s reference rate was at 4.4047 per euro.
However, the leu’s indicative lost significant ground against the US dollar, falling by almost 1.4% to 3.3964 units, from 3.3501 units Thursday. The euro fell against the other major currencies on international markets, after the European Central Bank unxepectedly cut the key rate yesterday.
The local currency opened flat on the day at 4.399/4.401 to the euro, and slid slightly in the first hour to 4.4/4.402 to the euro. It remained in that tight interval by mid-day, and delaers said the traded volumes were very low.
On the money market Wednesday, overnight rates were stable at around 2%-2.5% a year.