The leu opened at 4.472 to the euro, slightly down from 4.468/4.4705 per euro at Tuesday close. It reached an early low of 4.48 to the euro.
At around 10:30 local time, the national currency traded at 4.475/4.478 against the euro.
Tuesday, the central bank set the leu’s reference at 4.4646 to the euro, stronger from 4.4695 per euro Monday. Against the US dollar, the leu’s indicative was 3.2342, little changed on the day.
In the money market Wednesday morning, overnight rates were at 2%-3%.