The leu opened 4.359/4.36 per euro, from 4.3625/4.364 per euro at Tuesday close. It further appreciated, and at around 10:15 am traded at 4.3525/4.3535 to the euro.
Market participants said investor sentiment improved after the statistics institute announced it has revised slightly upward its forecast on the 2012 economic growth.
Romania’s GDP expanded 0.3% year-on-year in 2012, compared with a growth of 0.2% previously reported.
Elsewhere in the region Wednesday morning, the leu’s peers were losing up to 0.2% versus the euro.
The central bank set the leu’s reference at 4.3612 to the euro Thursday, modestly stronger on the day. Against the US dollar, the leu’s indicative won 0.3% to 3.3478 units.
In the money market Wednesday morning, overnight rates were at 5%-5.5% a year.