The leu opened slightly down at 4.395/4.3977 per euro, from 4.394/4.395 per euro at Monday close. However, it started to advance shortly after and hit an early high of 4.3875 versus the euro.
At around 10:10 am, the currency traded at 4.39/4.392 per euro.
The central bank set the leu’s reference at 4.3877 to the euro Monday, 0.6% weaker on the day.
In the money market Tuesday morning, overnight rates were at 5%-6% a year.