The leu opened at 4.3625/4.364 to the euro, stronger than 4.3655/4.3675 to the euro at Monday closing. It gained slightly in the first hour of the session, and traded at 4.361/4.362 to the euro at around 10:00 local time (GMT0800).
At the same time, the Hungarian forint and the Polish zloty were flat against the European currency.
Romania’s central bank set Monday the leu’s exchange rate at 4.3652 per euro, from 4.3573 per euro in the previous session.
On the money market Tuesday morning, overnight rates inched down to 4.8%-5.3% a year, from 5%-5.5% a year the day before.