Against the US dollar, the leu’s indicative won 0.3% on the day to 3.5603 units.

The leu opened flat at 4.535/4.537 to the euro, but further lost ground, trading at around 4.54 against the euro in the first half of the session.

“Considering the trading patterns over the last few days, it’s safe to say that the central bank has lessened its grip on the leu,” ING Bank Romania said in a short note.

The bank expects the leu will weaken to 4.55 against the euro until close today.

In the money market, overnight rates were at 5.3%-5.8% a year, from 5.2%-5.7% a year Tuesday.