The leu opened at 4.3850 per euro, similar with 4.3840/4.3850 per euro at Monday’s close.
In the first trading hour, the leu stayed at 4.3850 versus the euro, amid euro selling orders. At around GMT08:30, the leu traded at 4.3850/4.3880.
The central bank Monday set the leu’s reference at 4.3814 to the euro, slightly weaker from 4.3802 per euro in the previous session. However, the leu continued to gain ground versus the US dollar and the indicative rate reached 3.2761 units, the strongest level since March 28, 2012.
In the money market Tuesday morning, overnight rates were at 5.5%-6% a year.