The leu opened at 4.255 per euro, from 4.2615/4.2635 per euro at Tuesday’s closing. It later lost ground and at around 10:20 local time traded at 4.263/4.265 per euro.

Elsewhere in the region, the Polish zloty was losing 0.25% versus the euro, while the Hungary’s forint was down 0.35%.

The central bank set the leu’s reference at 4.267 to the euro Tuesday, 0.5% weaker on the day. Against the Swiss franc, the leu’s indicative fell almost 2.7% on the day to a new all-time low of 4.0221 units.

On the money market Wednesday morning, overnight rates were slightly down on the day at 4.3%-4.8% a year.

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