The leu opened at 4.4410/4.4420 per euro from 4.4380/4.4420 per euro at Tuesday close.

Later, the leu lost ground versus the euro and was trading at 4.4580/4.4600 units. At around 10:30, the national currency traded at 4.4550/4.4570 per euro.

Tuesday, the central bank set the leu’s reference at 4.4391 against the euro, 0.2% stronger on the day. Against the US dollar, the leu’s indicative advanced modestly to 3.4076 units, from 3.4094 units in the previous session.

In the money market Wednesday morning, overnight rates were at 4.5% – 5% a year.

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