The leu opened flat at 4.439/4.4405 per euro and moved in a tight range during early trading hours, in line with the currencies in the region.
At around 10:00 am, the leu traded at 4.44/4.441 versus the euro.
The central bank set the leu’s reference at 4.4356 per euro Monday, modestly stronger on the day. Against the US dollar, however, the leu’s indicative was 3.2836 units, weaker from 3.2814 units Friday.
In the money market Tuesday morning, overnight rates were at 1%-1.5% a year.