The leu closed at 4.419/4.4225 per euro, from 4.389/4.391 per euro Tuesday.
Elsewhere in the region, the leu’s peers were losing around 0.6% versus the euro, as better-than-expected economic data in the US fueled concern that the Federal Reserve could cut back its bond purchase program.
The local currency opened at 4.395/4.397 to the euro and further depreciated, unmoved by news of a new loan agreement with the International Monetary Fund.
Romania plans to borrow EUR4 billion from the International Monetary Fund and the European Commission, Andrea Schaechter, the head of the IMF mission to Bucharest, said earlier Wednesday. The deal is subject to approval of the IMF board and the EU Economic and Financial Committee.
The IMF also revised upward its growth estimate on Romania’s economy to 2% in 2013 from 1.6% previously, saying it expects better contributions from agriculture and exports.
The central bank set the leu’s reference at 4.4048 to the euro, 0.3% weaker on the day. Against the US dollar, the leu’s indicative lost 0.27% to 3.3169 units.
In the money market, overnight rates were at 3.6%-4.1% a year, from 4%-4.5% a year Tuesday.