At around 16:30 local time, the leu traded at 4.437 per euro, weaker than 4.427 to the euro at Monday close.

The Romanian leu slightly lost ground versus the euro by midday Tuesday and the central bank set the leu’s reference rate versus the euro at 4.4508 units, down 0.37% from 4.4345 the previous day.

Against the US dollar, the leu’s indicative lost 1.02% on the day to 4.1655 units.

In the money market Tuesday, overnight rates were at 0.35% – 0.77% a year, from 0.38% – 0.8% a year the previous day.

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