Against the US dollar, the leu’s indicative gained modestly to 3.4078 units.
The leu opened slightly up at 4.409/4.411 per euro, from 4.412/4.415 per euro at Monday close, and moved in a narrow range in the first half of the session.
Yesterday, the leu shed 0.5% against the euro amid a negative sentiment in the region after news that Cyprus would tax depositors as part of a bailout program negotiated with eurozone leaders.
In the money market, overnight rates were flat at 1%-1.5% a year.