Against the US dollar, the leu’s indicative lost 0.7% on the day to 3.3885 units. This is the weakest level since April 8.
The leu opened flat at 4.399 per euro and traded near that level in the first hour, amid reduced interest from investors. However, euro demand from foreigners later drove the leu past 4.43 to the euro.
The leu’s evolution was not influenced by earlier data which showed that the Romanian economy had expanded at a faster pace than previously estimated in the first three months of 2013.
Revised data showed the adjusted gross domestic product increased at an annualized rate of 2.2% in the first quarter, better than the 1.4% growth initially reported.
In the money market, overnight rates fell to 2.9%-3.5% a year, from 3.5%-4% a year Tuesday.