Wednesday, the leu closed at 4.22/4.225 per euro.

The leu opened slightly down at 4.225/4.227 per euro, but further recovered, hitting an early high of 4.216 per euro. It later switched gears again and traded above 4.22 per euro for the first half of the session.

In the afternoon, the local currency fluctuated from 4.21 per euro to 4.2345 per euro.

The central bank set the leu’s reference at 4.2236 to the euro, 0.25% stronger on the day.

On the money market, overnight rates were at 4.2%-4.7% a year, slightly down from 4.3%-4.8% a year Wednesday.

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