The leu opened at 4.097/4.10 to the euro, virtually unchanged from 4.097/4.099 to the euro at Monday’s closing.
Afterwards, the leu touched an early high at 4.09 units, before easing to 4.0935/4.095 units at around GMT0715.
Dealers said the leu was not impacted by the CPI data, as a higher inflation was espected. Consumer prices rose 0.66% in April from a month earlier, while the annual inflation accelerated to 8.34%, the highest level since July 2008, the statistics institute INS said Tuesday.
On Monday, the Romanian central bank set the leu’s exchange rate at 4.1039 per euro, 0.4% stronger on the day.
On the money market Tuesday morning, overnight rates fell to 2.9%-3.4% a year, from 3.2%-3.7% a year the day before.