The leu closed at 4.438/4.442 per euro, from 4.4488/4.4515 per euro Monday.
The currency opened at 4.4465/4.4475 to the euro and further appreciated, hitting the day’s high of 4.4325 versus the euro in the first half of the session. In the afternoon, the leu traded near 4.44 to the euro.
The central bank set the leu’s reference at 4.4391 against the euro, 0.2% stronger on the day. Against the US dollar, the leu’s indicative advanced modestly to 3.4076 units, from 3.4094 units in the previous session.
In the money market, overnight rates dipped to 4.7%-5.2% a year, from 5%-5.5% a year Monday.