The leu closed at 4.39/4.392 per euro, from 4.3882/4.389 per euro Tuesday.
The local currency opened near flat against the euro, but later depreciated, hitting the day’s low of 4.933 per euro in the first half of the session. Trading volume picked up, fueled by higher demand from corporate investors.
The central bank set the leu’s reference at 4.392 to the euro, from 4.3902 per euro in the previous day. Against the US dollar, the leu’s indicative appreciated slightly to 3.2262 units, versus 3.2286 units Tuesday.
In the money market, overnight rates were at 0.3%-0.7% a year.