The leu closed at 4.458/4.4615 per euro, from 4.456/4.459 per euro Tuesday.
Elsewhere in the region Wednesday afternoon, the leu’s peers were gaining around 0.4% to the euro.
The local currency opened at 4.465/4.467 per euro and strengthened to an intraday high of 4.45 per euro in the first half of the session. It later returned toward 4.46 to the euro and traded around that level for the rest of the day.
The central bank set the leu’s reference at 4.4556 versus the euro, the highest rate since December 16. Against the US dollar, the leu’s reference gained modestly to 3.2978 units, from 3.2984 units a day earlier.
The leu’s indicative won 1.86% versus the euro in the past seven sessions. Central bank governor Mugur Isarescu said Tuesday that the leu has strengthened after the Finance Ministry exchanged part of its foreign currency holdings at the central bank, which in turn sold euros on the money market.
In the money market, overnight rates were flat at 3.5%-4% a year.