The currency opened slightly down at 4.3775/4.3785 per euro and weakened beyond 4.38 per euro in early action, on higher euro demand. It later returned below 4.38 to the euro and moved in a narrow range until close.
The central bank set the leu’s reference at 4.3799 per euro, slightly stronger on the day. Against the US dollar, the leu’s indicative won 0.6% to 3.267 units.
In the money market, overnight rates fell to 1.1%1.6% a year, from 3%-3.5% a year Tuesday, amid increased liquidity.