Against the US dollar, the leu’s indicative won nearly 1% on the day at 2.9573 units.
The leu opened down at 4.24/4.243 per euro, from 4.2365/4.2385 per euro at Tuesday’s closing. It further lost ground, amid a negative sentiment in the region, and hit an early low of 4.2585 per euro.
After that, the leu started to appreciate and at around 13:00 local time traded at 4.232/4.235 to the euro.
On the money market, overnight rates rose modestly to 4.3%-4.8% a year, from 4.1%-4.6% a year Tuesday.