The leu closed at 4.223/4.225 per euro, 0.3% stronger from 4.2365/4.2385 per euro Tuesday.

It opened down at 4.24/4.243 to the euro and further lost ground, hitting an early low of 4.2585 to the euro. Later, the leu switched trend and traded at around 4.22 for the second half of the session.

The central bank set the leu’s reference at 4.2342 units per euro, slightly stronger on the day.

On the money market, overnight rates rose modestly to 4.3%-4.8% a year, from 4.1%-4.6% a year Tuesday.

Subiecte #EURO#LEU