Wednesday, the leu’s reference was 4.4449 to the euro.

Against the US dollar, the leu’s indicative lost 0.7% on the day to 3.3101 units.

The leu opened flat at 4.4435/4.4445 per euro, but retreated slightly during early hours. At around 1:00 pm, the local currency traded just below 4.45 to the euro.

In the money market, overnight rates were at 0.56%-1.06% a year, well below the central bank’s key lending rate of 4% a year.