Tuesday, the leu’s rate touched an eight-week high of 4.4571 units per euro.

Against the US dollar, the leu’s indicative weakened to 3.5573 units Wednesday, from 3.5515 units a day earlier.

The leu opened flat at 4.4551/4.4525 per euro, but further lost ground, trading around 4.47 to the euro in the first half of the session.

Market participants said the leu has been aligning to its peers in the region which declined Tuesday after Spain’s Catalonia region asked for government aid and Japan cut its economic growth forecast for 2012.

In the money market, overnight rates fell slightly to 5.1%-5.6% a year, from 5.2%-5.7% a year Tuesday.