The leu closed at 4.409/4.411 to the euro, from 4.405/4.408 to the euro Tuesday.
The currency opened at 4.403/4.405 versus the euro and hovered around those levels for most of the session, amid growing volumes. Market participants said the central bank might have bought euros to rebuild its foreign currency reserves.
The central bank set the leu’s reference at 4.4086 units, a fresh record high since end April 2012. Against the US dollar, the leu’s indicative lost 0.36% on the day at 3.3728 units.
In the money market, overnight rates were flat at 5.3%-5.8% a year.