Against the US dollar, the leu’s indicative gained 0.2% on the day to 3.3817 units.
The leu opened up at 4.4025/4.4045 per euro, from 4.4065/4.409 per euro at Monday close. However, it soon started to lose ground and traded near 4.41 versus the euro in the first half of the day, amid a quiet market.
In the money market, overnight rates were at 1.1%-1.6% a year, well below the central bank’s key interest rate of 5.25% a year, suggesting surplus liquidity.