The leu opened at 4.48 units to the euro, similar to its closing level on Tuesday, of 4.48/4.481 per euro. Later, the national currency gained ground versus the euro and traded at 4.441 units.
At around 10:00 local time, the leu was trading at 4.44/4.4425 per euro.
On Tuesday, the central bank set the leu’s reference at 4.487 versus the euro, the strongest rate in one week. Against the US dollar, the leu’s indicative dipped to 3.421 units, from 3.4179 units Friday.
On the money market Wednesday morning, overnight rates were at 4% – 5% a year.