The leu closed at 4.48/4.4815 per euro, 0.2% weaker from around 4.47 per euro Tuesday. Elsewhere in the region, the leu’s peers were moving in tight ranges versus the European common currency.
The leu opened at 4.47 to the euro and further depreciated, hitting the day’s low of 4.4815 per euro at close time. Volumes remained scarce, market participants said.
The central bank set the leu’s reference at 4.4749 versus the euro, the weakest rate in three months.
Against the US dollar, the leu’s indicative lost 0.4% to 3.2549 units. The national currency also retreated against the Swiss franc, reaching a five-and-a-half months low of 3.6609 units.
In the money market, overnight rates were stable at 0.7%-1.2% a year.