The leu opened at 4.5240/4.5260 per euro, slightly lower from 4.5225/4.5245 at Monday closing.
In the first hour of trading, the leu varied above 4.52 units, between a low at 4.5270 to the euro, and a high at 4.5225 to the euro.
At around 10:00 local time, the leu gained ground at 4.5205/4.5240 to the euro.
“It seems that the central bank continues to indirectly intervene through euro selling orders from the Finance Ministry, which has to make payments in lei. Amid the current low traded volumes, any sale order could influence the exchange rate,” a dealer said.
Romania’s central bank Monday set the leu’s exchange rate at 4.5209 per euro, the strongest since October 1.
On the money market Tuesday morning, overnight rates rose slightly to 5.25%-5.75% a year.