The leu opened at 4.353/4.357 to the euro, compared to 4.3515/4.3545 at closing the day before.
Within the first hour, euro purchase orders brought the leu to a level of 4.361 against the euro, but the local currency soon recovered and, at around 10:00, it was trading at 4.3565/4/358 against the European coin.
Dealers say the central bank may continue indirect interventions on the forex market to prevent the leu’s depreciation.
The central bank set Tuesday the leu’s reference at 4.3487 per euro, a bit weaker than 4.3448 per euro in the previous session.
On the money market Wednesday morning, overnight rates rose to 8%-10.5% a year, from 7%-7.5% a year at closing the day before.