The Romanian leu opened Friday slightly weaker against the euro, on very low traded volumes, while other currencies in the region were stable.
The leu opened at 4.0975/4.1025 to the euro, lower than 4.099/4.10 at closing the day before.
Within the first hour of trading, the leu hit a low of 4.101 against the euro, after which the players started buying local currency, which strengthened the leu to 4.0945 versus the European coin.
The central bank set Thursday the leu’s reference at 4.1021 to the euro, 0.3% stronger on the day.
On the money market Friday, overnight rates dropped to 2%-2.25% a year, from 2.33%-2.83% a year in the previous session.