Wednesday, the leu closed at 4.4395/4.445 to the euro.
The national currency opened roughly flat on the day versus the euro and hit an early high of 4.428 per euro before weakening to 4.45 to the euro around midday. In the second half of the session, the leu reached the day’s low of 4.46 per euro.
The central bank set the leu’s reference at 4.4463 against the euro, lower from a three-week high of 4.4161 per euro Wednesday. Against the US dollar, the leu’s indicative lost 0.8% on the day to 3.4151 units.
In the money market, overnight rates were at 4.3%-4.8% a year.