The leu opened at 4.5700/4.5710 per euro, similar with 4.5690/4.5710 per euro at Monday’s closing. It further gained ground up to 4.5635/4.5650, amid very low traded volumes.

At about 10:00 local time (GMT0700), the leu traded at 4.5670/4.5690 versus euro.

The central bank Monday set the leu’s reference at 4.5646 per euro, stronger from a two-month low of 4.5694 units Friday. Against the US dollar, the leu’s indicative lost 0.2% on the day to 3.5203 units.

In the money market Tuesday morning, overnight rates were at 5%-5.5% a year.

Subiecte #EURO#LEU