At around 10:00, the leu traded at 4.409/4.412 per euro, modestly higher from 4.414 to the euro at Monday close.
The national currency traded in a narrow range during the first hour Tuesday, reaching an early high of 4.4105 to the euro and an early low of 4.415 versus the euro.
Monday, the Romanian central bank set the leu’s exchange rate at 4.4209 per euro, just 0.05% weaker than Friday.
In the money market Tuesday morning, overnight rates were at 3% – 4% a year, from 3.17% – 3.67% Monday.