The leu opened at 4.5415 per euro, slightly weaker from 4.537/4.539 at Monday close. It later gained ground and, at around 10:20 local time (GMT0820), it was trading at 4.533/4.535 to the euro.
The central bank Monday set the leu’s reference at 4.54 to the euro, the lowest rate in two weeks, down 0.3% compared with 4.528 per euro Friday. Against the US dollar, the leu’s indicative lost 0.71% on the day to 3.3180 units.
In the money market Tuesday morning, overnight rates rose to 1.25% – 1.75% a year, from 1%-1.5% a year Monday.