The leu closed at 4.344/4.3455 per euro, from 4.3505/4.3535 per euro Tuesday.
It opened at 4.3515/4.3545 per euro and traded in narrow ranges for the first half of the session. In the afternoon, the leu started to gain ground and hit the day’s high of 4.344 per euro toward closing.
The central bank set the leu’s reference at 4.3505 to the euro, modestly stronger on the day. Against the US dollar, however, the leu’s reference weakened to 3.2504 units, from 3.2486 units in the previous session.
On the money market, overnight rates inched up to 5.6%-6.1% a year, from 5.5%-6% a year the day before.