In the first trading hour, the national currency traded at 4.3945/4.3965 against the euro, from 4.3935 per euro at Monday close. It ranged from a high of 4.393 per euro and a low of 4.395 per euro.
Monday, Romania’s central bank set the leu’s exchange rate at 4.3947 per euro, the strongest in four weeks. Against the US dollar, the leu’s indicative lost 0.23% on the day to 3.3286 units.
In the money market Tuesday morning, overnight rates were at 2%-2.5%, from 1.74% – 2.24 a year Monday.