The leu closed at 4.4695/4.4725 to the euro, little changed from 4.467/4.468 per euro Monday.

The local currency opened at 4.467 versus the euro and traded around those levels throughout the session, in a quiet market.

The central bank set the leu’s reference at 4.4694 to the euro, slightly stronger on the day. Against the US dollar, the leu’s indicative retreated to 3.3126 units, from 3.3105 units Monday.

In the money market Tuesday, overnight rates rose to 2%-2.5% a year, from 1%-1.5% a year in the previous session.

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