Against the US dollar, the leu’s reference lost 1.6% to 3.3335 units.

The leu opened at 4.29/4.2925 per euro, weaker than 4.286/2.288 per euro at Wednesday closing. It later gained some minor ground on small euro sale orders.

However, the local currency soon returned to losses, trading around 4.3 units by mid-day.

On the money market, overnight rates fell to 4-4.5% a year, from 5.1%-5.6% a year Wednesday.