Against the US dollar, the leu’s indicative retreated modestly to 2.9272 units, from 2.924 units in the previous session.

The leu opened up at 4.224/4.226 per euro, from 4.236/4.238 per euro at Monday’s closing. It further gained ground, hitting an early high of 4.212 per euro.

At around 13:00, the leu traded at 4.22/4.2225 to the euro.

On the money market, overnight rates fell slightly to 5.76%-6.26% a year, from 5.85%-6.35% a year Monday.