The leu closed at 4.3815/4.382 per euro, from 4.383/4.3845 per euro Monday.
It opened at 4.378/4.381 per euro, but further lost ground, hitting an early low of 4.388 per euro. Market participants said the central bank has sold between EUR70 million and EUR100 million to prevent the leu from dropping too much. London investors bought most of the amount, they added.
The central bank set the leu’s reference at 4.3791 to the euro, little changed on the day. Against the US dollar, the leu’s indicative won 0.14% on the day to 3.3261 units.
On the money market, overnight rates rose to 3.5%-4% a year, from 1.4%-1.9% a year Monday.