The leu opened slightly below 4.41 per euro, from 4.408/4.411 per euro at Tuesday’s close.
In the first hour of trading, the local currency gained ground and traded at 4.404/4.405 against the euro.
The central bank Tuesday set the leu’s reference rate at 4.4111 versus the euro, up from 4.4154 units on the previous day.
In the money market Tuesday morning, overnight rates fell to 4.8-5.2% a year.