The leu opened flat at 4.3455/4.3475 per euro and ranged between 4.3465 per euro and 4.3475 per euro in the first trading hour.
The national currency’s evolution was not immediately affected by the 2011 gross domestic product data published by the statistics institute.
Official figures showed the Romanian economy expanded at an annualized rate of 2.5% in 2011, after a decline of 1.3% in the previous year. The figure matched the one advanced last month by President Traian Basescu, who said the economy had performed better than expected in 2011, owing to a bumper harvest and higher exports.
The central bank set the leu’s reference at 4.3473 to the euro Tuesday, barely changed on the day.
On the money market Wednesday morning, overnight rates were at 2%-2.5% a year.