On Wednesday, the leu’s reference rate was at 4.406 per euro.

Against the US dollar, the leu’s indicative gained 0.1% to 3.3501 units, from 3.3543 units the day before.

The local currency opened at 4.401/4.404 to the euro, slightly weaker than 4.398/4.399 to the euro at Wednesday closing. It further lost ground in the first hour of trading to 4.405/4.4065 units, and stayed afterwards around that levels for the first half of the session, on low volumes.

On the money market Wednesday, overnight rates were stable at around 2%-2.5% a year.