Against the US dollar, the leu’s indicative lost 0.6% on the day to 3.3435 units.

The leu opened at 4.425 per euro, from 4.428/4.429 per euro at Tuesday close, but further depreciated and traded near 4.43 to the euro for the first part of the day, in a quiet market.

Market participants said investors had no immediate reaction to news of a slower-than-expected economic growth in the second quarter.

Romania’s economic growth slowed sharply to 1.3% in the April-June period, after an annual increase of 2.2% a quarter earlier, a flash estimate of the country’s statistics institute showed earlier Wednesday.

In the first six months of 2013, the gross domestic product expanded at an annualized rate of 1.7%. Analysts had expected an economic growth of around 2%.

In the money market, overnight rates were at 1.46%-1.96% a year, modestly lower on the day.