The leu opened Tuesday at 4.4704 to the euro, from 4.4715/4.4740 to the euro at Monday close. It further gained ground and touched an early high at 4.4695 units.
At around 10:10 local time (GMT0810), the leu traded at 4.4720/4.4740 versus the euro, similar with a day before.
The leu entered an upward trend in Thursday trading session, after the official results of the parliamentary elections, as foreign investors now expect a relative political stability and the setting up of a new agreement with the International Monetary Fund IMF.
On Monday, the central bank set the leu’s reference at 4.4675 versus the euro, the strongest rate in three months. Against the US dollar, the leu’s indicative gained 0.7% on the day to 3.3954 units.
On the money market Tuesday morning, overnight rates were at 5% – 6% a year, from 5.19%-5.69% a year a day before.