Against the US dollar, however, the leu’s indicative lost 0.7% on the day to 3.538 units.

The leu opened flat at 4.5745/4.577 to the euro and moved in a tight range in the first half of the day.

At around 1:00 pm, the leu traded at 4.575/4.5765 per euro.

In the money market, overnight rates rose to 5%-5.5% a year, from 1.1%-1.6% a year Tuesday as banks start building up the minimum reserve requirements.