Elsewhere in the region, the leu’s peers were gaining up to 0.7% against the euro, after banks borrowed over EUR500 billion from the European Central Bank as part of an action plan to consolidate the financial markets in the continent.
Romanian central bank set the leu’s reference at 4.3486 per euro, slightly weaker from 4.348 per euro Tuesday. Against the US dollar, the leu’s indicative was flat on the day at 3.2357 units.
On the money market, overnight rates were at 3.6%-4.1% a year, from 3.7%-4.2% a year Tuesday.