On Friday (January 19), the leu exceeded, for the first time, the threshold of 4.66 units per euro.
On the interbank market on Tuesday, the leu oscillated between 4.6645 and 4.6698 versus the euro.
The depreciation of the leu over the past days was fuelled by political turmoil. Last Wednesday, President Klaus Iohannis named ruling Social Democratic Party nominee Viorica Dancila as prime minister designate. Dancila was proposed prime minister by the social democrats after power tensions within the party forced out the second prime minister in seven months, namely Mihai Tudose.