The Bucharest market was closed Monday.
The leu opened at 4.53 to the euro, weaker from 4.5245/4.5260 to the euro at Friday’s close, but reduced loss later.
At around 10:00 local time, the leu was trading at 4.5050/4.5075 to the euro.
On Friday, the central bank set the leu’s reference at 4.5209 versus the euro, 0.3% stronger on the day. Against the US dollar, the leu’s indicative won 0.6% to 3.4179 units.
On the money market Tuesday morning, overnight rates rose to 4% – 5% a year.