The leu closed at 4.4995/4.5 per euro, down from 4.489/4.491 per euro Tuesday.

The leu opened slightly up at 4.4825 per euro, but further depreciated to an intraday low of 4.5 to the euro.

The central bank set the leu’s reference at 4.4916 versus the euro, down from 4.4873 units in the previous session. Against the US dollar, the leu’s indicative was 3.2674 units, marginally stronger on the day.

In the money market, overnight rates fell sharply to 2.12%-2.62% a year, from 4.17 – 4.67% Tuesday.

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