The leu opened at 4.4400/4.4420 to the euro, stronger from 4.4430/4.4465 to the euro at Tuesday close.

Later, the national currency extended gains versus the euro and was trading at 4.4345/4.4355 units.

Shortly after 10:00 a.m. (GMT0700), the leu was trading at 4.4370/4.4380 per euro.

The central bank set the leu’s reference at 4.4402 to the euro Tuesday, weaker from a two-week high of 4.4288 units Monday. Against the US dollar, the leu weakened to 3.3286 units.

In the money market Wednesday morning, overnight rates were at 3.25%-3.75% a year.

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