The leu opened flat at 4.45 to the euro and showed little movement during early trading hours, amid a quiet market.

At around 10:30 am, the leu traded at 4.4995/4.451 per euro.

The central bank set the leu’s reference at 4.4536 versus the euro Tuesday, slightly weaker on the day.

In the money market Wednesday morning, overnight rates were at 1.1%-1.6% a year.

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