The leu closed at 4.4905/4.495 to the euro, from 4.484/4.486 to the euro Tuesday.
The currency opened flat against the euro, but lost ground shortly after, hitting an early low of 4.4935 per euro. It trimmed some of its losses around noon, after the German Constitutional Court backed Berlin’s plan to ratify the eurozone’s rescue plan.
In late trade, the leu changed course once again and touched the day’s low of 4.5015 to the euro toward closing.
The central bank set the leu’s reference at 4.4881 per euro, slightly weaker from 4.4834 per euro Tuesday. Against the US dollar, however, the leu’s indicative won 0.8% on the day to 3.4728 units.
In the money market, overnight rates were at 4.7%-5.2% a year.