During the first trading hour, the leu traded at 4.456/4.458 per euro, slightly weaker from 4.453/4.455 at yesterday close.
The Romanian central bank set the leu’s reference at 4.4537 versus euro Monday, the lowest rate in seven weeks. Against the US dollar, the leu’s indicative inched lower to 3.3392 units, from 3.3365 units Friday.
In the money market Tuesday morning, overnight rates stayed below 2% a year.