The currency opened at 4.32/4.322 per euro, slightly weaker from 4.318/4.321 per euro Monday, and traded around opening levels for the first hour in a quiet market.
At around 10:00 am, the leu traded at 4.318/4.3205 versus the euro.
The central bank set the leu’s reference at 4.3224 to the euro Monday, the highest rate in 16 months. Against the US dollar, the leu’s indicative won 0.8% to 3.304 units, the strongest level since February 25.
In the money market Tuesday morning, overnight rates were at 4.5%-5% a year.