The leu opened at 4.6210 per euro, down from 4.6135/4.6165 at Wednesday’s closing.
At around 10:10 a.m. it gained ground and traded at 4.6165/4.6195 per euro.
On Wednesday, the leu’s exchange rate firmed 0.4% to 4.6186 per euro, from an all-time low of 4.6397 to the euro in the previous session. The leu climbed against the US dollar as well and the indicative was set at 3.804 units, again stronger from a record low of 3.8343 units Tuesday.
The national currency lost 4.2% versus the euro over the past three weeks, amid political tensions after the ruling socialists-liberals won a parliament vote to depose President Traian Basescu. The latter will face a referendum on whether to remain in office on July 29.
In the money market Thursday morning, overnight rates were at 5% – 5.5% a year.