Against the US dollar, the leu’s indicative lost 0.5% on the day to 3.2321 units.

The leu opened down at 4.376 per euro, from 4.3715/4.3725 per euro at Monday close. It further depreciated and hit an early low of 4.386 to the euro.

By noon, the currency had strengthened slightly and traded just below 4.38 per euro.

In the money market, overnight rates were at 5.6%-6.1% a year, from 5.7%-6.2% a year Monday.