The leu opened at 4.312/4.314 per euro, from 4.3155/4.3175 per euro at Tuesday close, and traded around those levels in the first hour.
The central bank set the leu’s reference at 4.3182 versus the euro Tuesday, weaker from a 16-month high of 4.3072 to the euro Friday. Against the US dollar, the leu’s indicative lost 0.6% to 3.302 units.
In the money market Wednesday morning, overnight rates were at 4%-4.5% a year.