Against the US dollar, the leu’s indicative won 0.5% on the day to 3.6675 units. Monday, the leu traded at a record low of 3.6848 versus the greenback.

The national currency lost around 2% against the euro since the middle of last week, after the ruling socialist-liberal coalition moved to impeach President Traian Basescu. Friday evening, the lawmakers suspended Basescu, who will face a referendum on July 29.

The leu opened down at 4.5345/4.5365 per euro Tuesday, from 4.533/4.534 per euro at Monday close. It later gained ground, with dealers suspecting a covert intervention from the central bank to support the leu.

At around 1:00 pm, the leu traded at 4.52/4.522 per euro.

In the money market, overnight rates were at 4.9%-5.4% a year, barely changed on the day.

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