The leu closed 0.3% lower on the day at 4.4875/4.4895 per euro, after having lost 0.5% in the previous session.
The leu opened flat on the day at 4.4735/4.4750 per euro, but further lost ground, amid increased aversion to risk from investors.
Romanian lawmakers met earlier Thursday to hear a request for President Basescu’s impeachment filed by the ruling USL coalition. The MPs will reconvene Friday to vote whether to relieve Basescu of his attributions of head of state.
The leu’s exchange rate fell to a fresh record low of 4.4796 to the euro, from 4.4715 to the euro Wednesday. Against the US dollar, the leu’s indicative lost 0.8% on the day to 3.5827 units. The leu continued to weaken against the Swiss franc as well, trading at 3.7279 units, the lowest rate in the past 10 months.
In the money market, overnight rates were flat at 4.9%-5.4% a year.