The leu opened at 4.477/4.484 to the euro, a large interval around the level of 4.48 to the euro in late trade Tuesday.
The local currency then extended its loss, and reached an early low at 4.487 per euro, following a significant sale order. But as next orders were rather low, the leu recouped slightly to 4.4825/4.484 units.
Tuesday, the central bank set the leu’s exchange rate at 4.4758 per euro, the weakest in the past 7 days.
On the money market Wednesday morning, overnight rates rose to 0.26%-0.73% a year, from 0.06%-0.51% yesterday.