The leu opened at 4.345/4.347 per euro, from 4.3475/4.35 per euro at Tuesday’s closing. It further appreciated and at around 10:20 hours traded at 4.339/4.341 per euro.
Elsewhere in the region, the leu’s peers were gaining up to 1% versus the euro, after fears that Greece could reject in a referendum the latest bailout package agreed by EU leaders have somewhat eased.
The leu lost nearly 0.4% against the euro Tuesday following Greece’s surprising call to a referendum and the central bank set the reference rate at 4.3435 to the euro, the weakest level in two weeks.
On the money market Wednesday morning, overnight rates were at 5.3%-5.8% a year.