The leu opened at 4.443/4.445 per euro Wednesday, from 4.441/4.444 at Tuesday close.

By 10:15 local time (GMT0715), the leu traded at 4.4505/4.4520 versus the euro.

Elsewhere in the region, the leu’s peers were weakening against the euro.

The Romanian central bank set the leu’s reference at 4.45 to the euro Wednesday, 0.37% stronger from a seven-week high of 4.4537 per euro a day earlier. Against the US dollar, the leu’s indicative gained modestly to 3.3219 units, versus 3.3392 units in the previous session.

In the money market Wednesday morning, overnight rates hovered around 1.5% a year.

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