Monday, the local currency closed at 4.444/4.447 versus the euro.
The leu opened flat against the euro Tuesday, but further gained ground and hit a high of 4.4385 versus the euro in intraday trading.
The central bank set the leu’s reference rate at 4.4408 against the euro, stronger from 4.4488 per euro a day earlier. Against the US dollar, the leu’s indicative weakened to 3.2929 units.
In the money market, overnight rates were at 0.27%-0.77% a year.