Against the US dollar, the leu’s indicative erased yesterday’s gains to trade at 3.347 units, about 0.9% lower on the day.

The leu opened slightly down at 4.3685/4.37 per euro, from 4.3655/4.3675 per euro at Wednesday close. It further depreciated, driven down by higher demand for foreign currency, and at around 1:00 pm traded near 4.375 to the euro.

In the money market, overnight rates were at 1.1%-1.6% a year.