Tuesday, the leu closed at 4.3795/4.376 per euro.

Elsewhere in the region Wednesday afternoon, the Hungary’s forint was gaining around 2% against the euro after the European Commission said the government in Budapest has implemented enough positive measures to initiate talks on a future precautionary financing package with the EU.

The leu opened at 4.3795/4.3805 per euro and traded around 4.38 per euro in the first half of the session. It later changed course and hit the day’s high of 3.74 per euro at closing.

The central bank set the leu’s reference at 4.3778 to the euro, unnoticeably stronger on the day. Against the US dollar, the leu’s indicative won 0.4% on the day to 3.3131 units.

On the money market, overnight rates were at 3.3%-3.8% a year, slightly down on the day.

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