Against the US dollar, the leu’s reference gained roughly 0.3% on the day to 3.3809 units.

The leu opened modestly up at 4.432/4.435 per euro, from 4.436/4.437 per euro at Tuesday close, but later lost ground, amid a quiet market.

At around 1:00 pm (GMT1000), the currency traded at 4.445 to the euro.

In the money market, overnight rates rose to 4.6%-5.1% a year, from 4%-4.5% a year Tuesday.