The leu finished the session at 4.3945/4.397 per euro, from 4.4065/4.408 per euro Monday.
The local currency opened at 4.403 to the euro and further gained ground, reaching a 10-month high of 4.384 per euro in early trading, amid growing volumes. However, the moment was short lived and market participants said the central bank might have stepped in and bought euros to prevent the leu from strengthening too much.
Trading volume was above average, with some 250 transactions made.
The central bank set the leu’s reference at 4.3958 versus the euro, a fresh record high since July last year. Against the US dollar, the leu’s indicative appreciated to 3.2206 units, from 3.2315 units in the previous day.
In the money market, overnight rates were at 2.1%-2.6% a year.