The leu opened at 4.5035/4.5095 to the euro, weaker than 4.5025/4.5085 to the euro at Tuesday closing.

It slid even further in the first hour of the session and touched an early low at 4.5135 per euro. At around 10:15 (GMT0815), the leu traded at 4.51/4.512 per euro.

The Romanian central bank set Tuesday the leu’s exchange rate at 4.5089 per euro, almost 0.5% stronger on the day.

On the money market Wednesday morning, overnight rates were up to 6.1%-6.6% a year, from 5.9%-6.4% a year the day before.

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