The leu closed at 4.451/4.454 per euro, from 4.438/4.442 per euro Tuesday.
The local currency opened flat against the euro but depreciated in early trading, hitting the day’s low of 4.46 to the euro. In the second half of the session, the leu recovered part of its losses.
The central bank set the leu’s reference at 4.4514 versus the euro, weaker from 4.4391 per euro in the previous day. Against the US dollar, the leu’s indicative lost roughly 0.8% on the day to 3.4337 units.
In the money market, overnight rates were at 4.5%-5% a year, slightly down from 4.7%-5.2% a year Tuesday.