The currency opened flat at 4.52 to the euro and depreciated slightly in the first hour.
The central bank set the leu’s reference at 4.4763 versus the euro Thursday, the lowest level since December 18, 2012.
The leu’s exchange rate fell 3.7% versus the euro in the past six days, with market participants saying foreigners have been covering their bond positions. Growing euro demand from local companies has also contributed to the leu’s weakening, they said.
Against the US dollar, the leu’s indicative lost almost 0.7% on the day to 3.4113 units Thursday, the weakest level since April 4.
In the money market Friday morning, overnight rates were at 3.7%-4.2% a year.