Against the US dollar, the leu’s indicative won 0.4% to 3.4051 units.

The leu opened flat at 4.53 to the euro and appreciated to 4.505 per euro in early trade, amid higher euro sale orders from local banks.

However, it later lost ground and at around 1:00 pm (GMT1000) traded near 4.52 to the euro.

In the money market, overnight rates fell to 2.6%-3.1% a year, from 3.9%-4.4% a year Monday.