The leu closed at 4.5460/4.5470 per euro, from 4.5455 /4.5575 to the euro Tuesday.
The leu opened at 4.542/4.545 per euro, from 4.5455/4.5575 to the euro at Tuesday close. It further advanced, and at around 1:00 pm traded at 4.5385/4.5425 per euro.
The leu’s exchange rate touched a new three and a half weeks high of 4.5364 units Wednesday, from 4.5378 units a day earlier. The exchange rate hit a higher rate of 4.5252 versus the euro on July 12. Against the US dollar, the leu’s indicative lost 0.3% on the day to 3.6714 units.
Romania’s currency gained 2.4% against the euro in the past three days, recovering half of a 4.4% loss recorded in the past month due to mounting political tensions which shook investment sentiment.
In the money market, overnight rates were flat at 5.14%-5.62% a year, from 5.1%-5.6% a year in the previous day, amid declining liquidity.