The leu opened at 4.4171 to the euro, from 4.4105 per euro at Tuesday close. It ranged from a high of 4.4105 per euro and a low of 4.4191 per euro.
Tuesday, the central bank set the official exchange rate at 4.4114 per euro, from 4.4152 per euro on Monday. Against the US dollar, the leu’s indicative lost 0.55% on the day to 3.5019 units, the lowest rate since December 10, 2012.
Romania’s central bank Tuesday cut its key monetary policy rate by 25 basis points to a record low 3%, in line with the analysts’ expectations.