Elsewhere in the region, the Polish zloty was advancing at a similar pace against the euro, while the Hungary’s forint was up 0.3%.

The leu opened up at 4.237/4.24 per euro and further gained ground, trading near 4.22 per euro for the first half of the day. In the afternoon, the leu lost part of its edge and traded near 4.23 until closing.

The central bank set the leu’s reference at 4.2353 to the euro, nearly 0.4% stronger on the day.

On the money market, overnight rates fell to 4.5%-5% a year, from 4.7%-5.2% a year Tuesday.

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