President Traian Basescu was impeached Friday at around 21:00 local time, when the trading market was already closed.
After the president’s impeachment, the leu ranged around 4.5400 units against the euro and then suddenly touched 4.51 units amid transfers on New York market, dealers said.
The leu opened up at 4.5200/4.5230 per euro, from 4.5375/4.5399 per euro at Friday close.
At around 10:00 am, the leu traded at 4.5250/4.5280 per euro.
“The market seems rather quiet but we will see what happens,” a dealer said.
The central bank Friday set the leu’s reference rate at 4.5142 versus the euro, the lowest exchange rate to date. Against the US dollar, the leu’s indicative lost 1.8% on the day to 3.648 units, also an all-time low.
The national currency entered a downward path against the euro last week, amid political uncertainties following a series of controversial decisions of the socialist-liberal government led by Victor Ponta. A political row between Ponta and President Basescu turned into a power grab after the government moved to depose Basescu.