The leu closed at 4.501/4.5035 per euro, from 4.503/4.506 per euro Tuesday.

It opened modestly higher at 4.5015/4.4045 to the euro and advanced to an early high of 4.496 to the euro before returning to 4.5 units in the afternoon.

The central bank set the leu’s reference at 4.5037 against the euro, slightly weaker on the day. Against the US dollar, the leu’s indicative lost 0.3% to 3.4604 units.

In the money market, overnight rates fell to 1.9%-2.4% a year from 4.4%-4.9% a year Tuesday.

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