Tuesday, the leu closed at 4.1285/4.13 to the euro.

Elsewhere in the region Wednesday afternoon, the Hungary’s forint was gaining 0.13% against the euro, while the Polish zloty was down 0.25%, amid growing risk aversion among investors.

The leu opened flat versus the euro and traded near 4.13 units for the first part of the session, on low volumes. It later started to retreat, hitting the day’s low at 4.135 per euro.

The central bank set the leu’s reference at 4.1297 to the euro, 0.2% weaker on the day.

On the money market, overnight rates inched up to 4.5%-5% a year, from 4.4%-4.9% a year Tuesday, despite a cash injection of 10 million lei (EUR2.4 million) from the central bank.

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