Wednesday, the leu closed at 4.487/4.48 per euro.

The national currency opened at 4.4805/4.484 to the euro and hit a high of 4.474 to the euro in early action. In the afternoon, it traded near 4.48 per euro.

Market participants said the leu was unfazed by first-half economic data confirming that Romania’s gross domestic product expanded at an annualized rate of 0.8% in real terms.

The central bank set the leu’s reference at 4.4816 to the euro, 0.3% stronger on the day. Against the US dollar, the leu’s indicative gained 0.8% to 3.5536 units.

In the money market, overnight rates were flat at 4.8%-5.3% a year.

Subiecte #EURO#LEU