The leu varied between a high of 4.3475 units and a low of 4.3490 units during the first hour of the session. At around 10:10 local time (GMT0810), the leu traded at 4.348/4.3485 per euro, similar to 4.3475/4.35 per euro at closing Tuesday.
The other currencies in the region were also stable against the euro.
Tuesday, the Romanian central bank set the leu’s reference at 4.348 per euro, 0.1% stronger on the day.
On the money market Wednesday morning, overnight rates were slightly down at 3.6%-4.1% a year, from 3.7%-4.2% a year in the previous day.