Against the US dollar, the leu’s indicative won 0.33% to 3.1346 units, from 3.1451 units a day earlier.
The leu opened down at 4.288/4.290 per euro, from 4.2815/4.2825 per euro at Tuesday’s closing. It further lost ground, hitting an early low of 4.297 per euro.
“If the concerns over the troubles in the euro area widen, the exchange rate could break through the psychological threshold of 4.3 units this week,” ING Bank said in a report.
Investors are steering away from risky assets after Moody’s downgraded two top French banks Wednesday, citing their exposure to the Greek economy and fueling market woes about the European banking system.
At around 13:00 local time, the leu traded at 4.2875/4.2885 to the euro. Elsewhere in the region, the Hungary’s forint was losing 0.8% versus the euro, while the Polish zloty was down 0.4%.
On the money market, overnight rates rose to 4.5%-5% a year, from 4.1%-4.6% a year Tuesday.