In the first trading hour, the national currency traded at 4.4315/4.4325 against the euro, slightly down from 4.43 per euro at Friday close. It ranged from a high of 4.43 per euro and a low of 4.4315 per euro. The market was closed Monday for the National Day of Romania.
Friday, the central bank set the leu’s reference rate at 4.4247 units, down 0.11% from 4.4199 units Thursday. Against the US dollar, the leu’s indicative lost 0.28% on the day to 3.5533 units.
In the money market Tuesday morning, overnight rates were at 0.2%-0.7%, from 0.2% – 0.65 a year Friday.