The leu won a little over 1% versus the euro during the past five sessions, despite a negative sentiment in the region. Market participants believe the central bank has stepped in to protect the national currency.

However, the leu continued to decline against the US dollar and the indicative was set at 3.3264 units, down 0.13% on the day.

The leu opened flat at 4.4985 per euro and hovered near that level during the first half of the session, amid a quiet market. At around 1:00 pm, the leu traded at 4.495 to the euro.

In the money market, overnight rates were at 3.7%-4.2% a year.