Elsewhere in the region, the Polish zloty was gaining 0.45% against the euro and the Hungary’s forint was up 0.3%, after reports that French and German officials agreed to a set of measures that would increase the European financial stability fund from the current EUR440 billion to EUR2 trillion.
The leu opened up at 4.345/4.348 per euro, from 4.3605/4.3635 per euro at Tuesday’s closing. It further appreciated and hit the day’s high of 4.331 per euro.
The central bank set the leu’s reference at 4.3346 to the euro, 0.4% stronger on the day. Against the US dollar, the leu’s indicative won 1.6% to 3.1301 units.
On the money market, overnight rates fell to 4.4%-4.9% a year, from 4.7%-5.2% a year in the previous session.