The leu’s peers in the region were also stable versus the European common currency, as investors wait for a decision in the US Congress over the country’s borrowing ceiling. The US could default on its debt, unless the lawmakers agree to raise the limit by the August 2 deadline.

The leu opened flat against the euro and traded near 4.23 per euro for the most part of the session.

The central bank set the leu’s reference at 4.2323 to the euro, 0.4% stronger on the day.

On the money market, overnight rates fell to 4.4%-4.9% a year, from 5%-5.5% a year Tuesday.

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