The leu opened at 4.394/4.397 to the euro, from 4.393/4.394 to the euro at Thursday closing.

In early session, the local currency gained slightly to 4.393 per euro, before reverting to the opening values.

The Romanian central bank set Thursday the leu’s exchange rate at 4.3924 per euro, from 4.3887 per euro a day before.

On the money market Friday morning, the liquidity surplus persisted with overnight rates staying at 1%-1.5% a year, much lower than the monetary policy rate of 5.25%.

Subiecte #EURO#LEU