The leu opened at 4.405/4.4065 to the euro, close to Monday closing levels of 4.405/4.412 to the euro.
Romania’s currency weakened slightly in the first trading hour, reaching an early low at 4.4095 to the euro. At around 10:00 local time (GMT0800), the leu traded at 4.407/4.4075 to the euro.
“The local market is quiet, as well as the others in the region, and traded volumes are very low,” a dealer said.
The central bank set Monday the leu’s official reference at 4.4223 mper euro, slightly stronger than 4.4251 per euro in the previous session.
On the money market Tuesday morning, overnight rates were at 5.5%-6% a year.