The leu moved in a tight range during the first trading hours, touching an early low of 4.3895 per euro and an early high of 4.3865 to the euro, according to banking dealers.

At around 10:20 local time, the national currency traded at 4.3865/4.388 per euro, similar with 4.387/4.3875 versus the euro at Wednesday close.

Wednesday, the central bank set the leu’s reference rate at 4.3867 to the euro, slightly weaker on the day. Against the US dollar, the leu’s indicative lost 0.3% to 3.2106 units.

In the money market Thursday morning, overnight rates were at 1.7% – 2.25% a year.

Subiecte #LEU#OPENING