The leu opened at 4.38/4.382 to the euro, from 4.3825/4.384 to the euro at Wednesday closing.
It further lost ground to 4.3880/4.39 against the euro, and briefly touched 4.384/4.385 against the euro after publishing the data on the country’s economy.
Romania’s economy grew by a meager 0.2% in 2012, hurt by a feeble harvest and falling exports to European markets. In the fourth quarter alone, Romania’s GDP rose 0.2% compared with the previous quarter in seasonally adjusted data.
At around 10:20 local time, the leu fell towards 4.386/4.388 per euro, amid negative sentiment in the region.
The central bank Wednesday set the leu’s reference at 4.387 to the euro, 0.3% stronger on the day. Against the US dollar, the leu’s indicative won 0.9% to 3.2542 units.
In the money market Thursday morning, overnight rates were slightly down on the day at 4.6%-5.1% a year.