The leu opened at 4.504/4.507, from 4.512/4.514 per euro at Tuesday close, and moved in a tight range in the first part of the session.

At 10:40 a.m. (GMT0840), the leu traded at 4.515/4.517 against the euro.

The central bank set the leu’s reference at 4.5196 versus the euro, slightly weaker on the day. Against the US dollar, the leu’s indicative retreated 0.2% to 3.2852 units.

In the money market Wednesday morning, overnight rates were at 2% – 2.5% a year.

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