Against the US dollar, the leu’s indicative lost 0.55% on the day to 3.5019 units, the lowest rate since December 10, 2012.

In the first trading hour, the national currency traded at 4.406/4.4085, higher from 4.411 per euro at Monday close. At around 1:00 pm, it traded at 4.4107/4.413 to the euro.

In the money market, overnight rates were at 3%-3.49%, from 3.14%-3.65% a year Monday.

Romania’s central bank Tuesday cut its key monetary policy rate by 25 basis points to a record low 3%, in line with the analysts’ expectations.