Against the US dollar, the leu’s indicative won 1.15% on the day to 3.301 units, the strongest rate since April 3, 2012.
The leu opened at 4.3685/4.37 per euro, from 4.3625/4.368 per euro at Thursday close. The currency gained 1% versus the euro Thursday amid growing appetite from investors. Market participants said the leu’s appreciation was largely supported by sales from non-residents who changed euros to buy state treasuries at a local debt auction.
At around 1:00 pm Friday, the leu traded slightly above 4.38 to the euro.
In the money market, overnight rates were at 5.5%-6% a year.