The leu opened at 4.092/4.095 per euro, from 4.0935/4.0943 per euro at Monday’s closing. It further lost ground and at around GMT0720 traded at 4.102/4.1035 to the euro.
The Romanian central bank set the leu’s reference at 4.086 per euro Monday, 0.3% weaker on the day.
On the money market Tuesday morning, overnight rates rose to 5%-5.5% a year, from 4.9%-5.4% a year a day earlier.