Against the US dollar, the leu’s indicative won 0.4% on the day to 3.4815 units.
The leu opened up at 4.515/4.517 per euro, from 4.521/4.523 per euro at Monday close. It further appreciated and, around noon, traded slightly below 4.51 per euro, amid rising volumes.
In the money market, overnight rates rose to 5.9%-6.4% a year, fro, 5.4%-5.9% a year Monday, due to liquidity shortage. The central bank Monday capped its weekly repurchasing agreement operation for the eighth time in a row, limiting repo ceiling to 4 billion lei (EUR0.88 million).