Against the US dollar, the leu’s indicative advanced modestly to 3.4076 units, from 3.4094 units in the previous session.

The leu opened at 4.4465/4.4475 per euro, from 4.4488/4.4515 per euro at Monday close. It further appreciated and hit an early high of 4.4325 versus the euro, amid a quiet market.

At around 1:00 pm, the currency traded at 4.4395/4.442 to the euro.

In the money market, overnight rates dipped to 4.7%-5.2% a year, from 5%-5.5% a year Monday.