Against the US dollar, the leu’s indicative lost 0.8% on the day to 3.5734 units.
The leu opened at 4.468 per euro, from 4.464 per euro at Thursday close. It further depreciated and hit an early low of 4.469 per euro, before switching gears amid growing trade volumes.
At around 1:00 pm, the leu traded at 4.4617/4.4619 per euro. Elsewhere in the region, the leu’s peers were losing up to 0.8% versus the European common currency.
“The leu’s evolution is contrary to the movement in the region and it is most likely supported by the central bank,” said one dealer.
On the money market, overnight rates were flat at 4.9%-5.4% a year.