Against the US dollar, the leu’s indicative dipped to 3.2908 units, from 3.2884 units Wednesday.

The leu opened down at 4.32 per euro, from 4.3115/4.313 per euro at Wednesday close. It further depreciated and hit an early low of 4.33 to the euro, but later recouped some of the losses, amid a quiet market.

At around 1:00 pm, the currency traded at 4.324/4.3255 to the euro.

In the money market, overnight rates fell to 2.8%-3.3% a year, from 3.3%-3.8% a year Wednesday.