The leu closed at 4.53/4.533 per euro, from 4.537/4.539 per euro Monday.

The local currency opened at 4.5335/4.5365 against the euro and traded just below 4.54 per euro during the first half of the session. In the second part, it strengthened to 4.53 per euro, but investor appetite remained low.

Elsewhere in the region, the leu’s peers were losing up to 0.2% versus the euro.

The central bank set the leu’s reference at 4.5379 per euro, little changed from 4.5374 per euro Monday. Against the US dollar, the leu’s indicative weakened 0.13% to 3.3514 units, the lowest level in four months.

In the money market, overnight rates were flat at 0.5%-1% a year.

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