The leu opened at 4.396/4.4 to the euro and stayed near that level in the first hour, with investors showing little interest in the national currency.
The central bank set the leu’s reference at 4.3998 to the euro Monday, slightly weaker on the day. Against the US dollar, the leu’s indicative retreated 0.3% on the day to 3.2773 units.
In the money market Tuesday morning, overnight rates were at 5.2%-5.7% a year.