The leu opened at 4.519 per euro, from 4.512/4.5145 per euro at Tuesday close.
At around 10:00 am, the local currency traded at 4.518/4.52 to the euro.
Romania’s ruling Social Liberal Union, or USL, broke up after the Liberals voted Tuesday evening to withdraw their ministers from the cabinet. The rupture comes after months of political bickering between the liberals and the leftist social democrats.
“The only novelty is that the split up is now a certainty for the international players as well, because the local market has factored in the move for a few weeks now,” said one dealer.
“However, the non-residents don’t seem to be very active in the market, or in the region for that matter, considering the uncertainties in Ukraine.”
In the money market, overnight rates were at 2%-2.5% a year, little changed on the day.