The leu opened at 4.247/4.251 per euro, from 4.255/4.257 per euro at Monday’s closing. It further gained ground and traded at 4.2435/4.2455 per euro at around 10:15 am.
The central bank set the leu’s reference at 4.2635 to the euro Monday, the weakest rate in four and a half months. Against the Swiss franc, the leu fell to a fresh all-time low at 3.5396 units.
On the money market Tuesday morning, overnight rates were at 3%-3.5% a year.