The leu’s peers were losing up to 0.3% versus the euro.
The Romanian central bank set the leu’s reference at 4.3514 to the euro Monday, slightly weaker on the day.
On the money market Tuesday morning, overnight rates were at 2.2%-2.7% a year.
Capital Market
Leu Opens Flat Vs Euro; Neighbors Lose Ground
Romania’s leu opened flat against the euro and moved in narrow ranges in early action, despite a negative sentiment in the region after China cut its growth forecast for 2012.