The leu closed at 4.5025/4.5082 per euro, from 4.521/4.523 per euro Monday.
It had opened at 4.515/4.517 to the euro and further appreciated, tracking the currencies in the region, after Greece’s main creditors announced they have reached an agreement to release more funds to the financially troubled nation.
The central bank set the leu’s reference at 4.5089 to the euro, 0.5% stronger on the day. Against the US dollar, the leu’s indicative won 0.4% to 3.4815 units.
In the money market, overnight rates rose to 5.9%-6.4% a year, from 5.4%-5.9% a year Monday, due to liquidity shortage. The central bank Monday capped its weekly repurchasing agreement operation for the eighth time in a row, limiting repo ceiling to 4 billion lei (EUR0.88 million).