On Monday, the central bank set the leu’s exchange rate at 4.4478 per euro.

Against the US dollar, the leu’s reference gained more than 0.2% to 3.2447 units, from 3.2517 units Monday.

The leu opened at 4.43 to the euro, from 4.4335/4.4355 to the euro at yesterday close. It further rose towards an early high of 4.426/4.427 units, but turned to losses in subsequent trades, on low transferred volumes.

At around 13:00 local time (GMT1000), the leu traded at 4.436/4.438 per euro.

On the money market, overnight rates were down to 1%-1.5% a year, from 1.2%-1.7% a year Monday.