The leu opened at 4.4530/4.4565 to the euro, stronger than 4.4560/4.4585 to the euro at closing Tuesday. It further stayed in a narrow range, trading at 4.4535/4.4550 to the euro after the first hour of the session.
The central bank Tuesday set the leu’s reference at 4.4652 per euro, slightly changed from 4.4654 per euro a day earlier. Against the US dollar, the leu’s indicative won 0.12% to 3.5723 units.
On the money market Wednesday morning, overnight rates were at 4.1%-4.6% a year, down from 4.6%-5.1% a year the day before.