Elsewhere in the region, the leu’s peers were losing up to 1% against the euro, as investors are concerned about a possible western military action in Syria in response to the country’s alleged use of chemical weapons.
The leu opened slightly higher at 4.44/4.442 per euro, from 4.443/4.4465 per euro at Tuesday close, and hit an early high of 4.4305 to the euro, amid growing euro sales from corporate investors.
In the second half of the day, however, the local currency turned to losses, tracking neighboring currencies.
The central bank set the leu’s reference at 4.435 against the euro, slightly stronger on the day. Against the US dollar, the leu’s indicative won 0.4% to 3.3159 units.
In the money market, overnight rates inched up to 3.2%-3.7% a year, from 3.1%-3.6% a year Tuesday.