On Tuesday, the central bank set the leu’s official rate at 4.466 per euro.

However, the leu’s reference gained 0.2% against the US dollar, to 3.2292 units.

The leu opened at 4.466 to the euro, unchanged from Tuesday closing levels, and stayed put in the first hours of the session. Later, the domestic currency lost a little ground and traded around 4.47 to the euro by mid-session.

On the money market, overnight rates rose from 2.5%-3% a year to 3.9%-4.4% a year, as banks start building their mandatory reserve requirements.