The leu closed at 4.3445/4.3485 per euro, from 4.3255/4.3275 per euro Tuesday.

The currency opened at 4.336/4.3385 to the euro and further lost ground, hitting the day’s low of 4.356 to the euro in the second half of the session.

Elsewhere in the region Wednesday afternoon, the leu’s peers were losing up to 0.8% against the euro, following gains of 0.3% to 1% Tuesday.

The Romanian central bank set the leu’s reference at 4.3497 versus the euro, 0.5% weaker on the day. Against the US dollar, the leu’s reference lost 0.7% on the day to 3.3743 units.

In the money market, overnight rates were at 3.2%-3.7% a year, from 3.8%-4.3% a year Tuesday.

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