The leu opened at 4.3475/4.3505 against the euro, compared to 4.35/4.352 at closing the day before.
Within the first hour, the leu continued to gain ground and, at around 10:15 local time (GMT0815), it was trading at 4.342/4.344 to the euro.
Romania’s central bank set Tuesday the leu’s reference at 4.3497 to the euro, 0.2% weaker on the day. Against the US dollar, the leu’s indicative lost 0.8% to 3.2955 units.
On the money market Wednesday morning, overnight rates dipped to 5.25%-5.75% a year, from 5.5%-6% a year the day before.