Against the US dollar, the leu’s indicative lost 0.5% to 3.3365 units.
The leu opened at 4.41 per euro, from 4.4035/4.406 per euro at Tuesday close, and further lost ground, amid a negative sentiment in the region as investors are concerned the US central bank may trim its bond purchasing program sooner than initially expected.
At around 1:00 pm, the leu traded at 4.431/4.432 versus the euro, 0.6% weaker on the day. Elsewhere in the region, the Polish zloty was losing 0.2% against the euro, while the Hungary’s forint was down 0.3%.
In the money market, overnight rates fell to 2%-2.5% a year, from 2.5%-3% a year Tuesday, amid liquidity surplus.