It opened flat at 4.354/4.356 per euro and traded below 4.36 per euro for most of the session.

The central bank set the leu’s reference at 4.358 to the euro, slightly weaker on the day. Against the US dollar, the leu’s indicative gained modestly to 3.3114 units, from 3.3126 units Tuesday.

On the money market, overnight rates fell to 1.6%-2.1% a year, from 2.4%-2.9% a year Tuesday.

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