The leu opened at 4.333 against the euro, compared to 4.3275/4.330 at closing the day before.

Within the first hour, the leu reached a high of 4.32 against the European coin and, at around 10:20 local time, it was trading at 4.3235/4.3275 to the euro.

The EU summit concluded Wednesday night with a set of unprecedented measures meant to counter the sovereign debt crisis, including a reduction in Greece’s debt and a boost to the EFSF.

Romania’s central bank on Wednesday computed a leu-to-euro reference of 4.3274 units.

On the money market, overnight rates dipped to 4.5%-5.25% a year, from 5.19%-5.69% a year previously.

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