The gross domestic product grew at a faster 0.7% than previously estimated in 2012, reflecting a smaller negative impact from industry and a positive contribution of the retail sector, revised data from the statistics institute INS showed earlier. Last month’s data indicated an annual increase of 0.3% in real terms.
The leu opened at 4.42/4.423 per euro, fro, 4.418/4.419 per euro at Tuesday close and further depreciated, hitting an early low of 4.425/4.427 to the euro, amid low volumes.
At around 10:00 am, the currency traded at 4.422/4.423 versus the euro.
The central bank set the leu’s reference at 4.4179 versus the euro Tuesday, weaker from 4.4143 to the euro a day earlier. Against the US dollar, the leu’s reference won 0.12% on the day to 3.4398 units.
In the money market Wednesday morning, overnight rates were at 4.2%-4.7% a year.