The leu’s indicative appreciated more visibly against the US dollar, gaining 0.54% on the day to 3.3048 units.
The leu opened at 4.526/4.529 per euro, from 4.531/4.533 per euro at Tuesday close. It further gained ground and strengthened to 4.52 to the euro, amid a positive sentiment in the region after the Turkish central bank surprised markets with a higher-than-expected key rate increase. World stocks rallied following the decision, while investors’ appetite for risky assets increased.
In the money market, overnight rates dipped to 0.9%-1.4% a year, from 1%-1.5% a year Tuesday.