The leu opened at 4.4355 to the euro, higher from 4.4385/4.44 per euro at Tuesday close.
Shortly after 10:00 local time, the national currency traded at 4.433/4.4355 against the euro.
Tuesday, the central bank set the leu’s reference at 4.4411 versus the euro, modestly stronger on the day. Against the US dollar, the leu’s indicative gained 0.4% on the day to 3.1885 units, a fresh record high in two and a half years.
In the money market Wednesday morning, overnight rates were at 2.5%-3%.
Romanian central bank Mugur Isarescu said Tuesday the leu’s recent appreciation against the euro was fueled by higher demand for government bonds from foreign investors, as well as by temporary cash flows from Russia and Ukraine.