The leu opened nearly flat at 4.459/4.462 to the euro and further moved in a tight range. At around 10:05 local time (GMT0705), the leu was trading at 4.4635/4.4645 per euro.

The central bank Thursday set the leu’s reference at 4.4591 to the euro, 0.1% stronger on the day. Against the US dollar, the leu’s indicative won 0.6% to 3.2161 units.

In the money market Friday morning, overnight rates were at around 2%.

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