The leu closed at 4.4666/4.468 to the euro, from 4.4615/4.4625 to the euro Wednesday.

Elsewhere in the region, the leu’s peers were recovering part of yesterday’s losses against the euro, but fears regarding a possible disorderly exit of Greece from the eurozone were still looming.

The leu opened down at 4.466/4.469 per euro and further lost ground, dropped to an all-time low in the interbank market of 4.4715 per euro.

The leu’s depreciation is in line with the regional trend and is caused by pressures from the eurozone, a central bank official said Wednesday. Leu’s exchange rate lost 1.6% versus the euro in May alone. Since January, the leu dropped 3.4%.

The central bank set the leu’s reference at 4.4662 to the euro, the lowest rate on record. Against the US dollar, the leu’s indicative slid 0.7% on the day to 3.5538 units, the weakest level since June 2010.

On the money market, overnight rates rose to 4.8%-5.3% a year, from 1.1%-1.6% a year Wednesday.

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