The leu closed at 4.398/4.4 per euro, from 4.4078 per euro Monday.

The local currency opened at 4.405/4.408 to the euro and appreciated to a high of 4.393 to the euro in the second half of the session.

The central bank set the leu’s reference at 4.4008 versus the euro, 0.2% stronger on the day. Against the US dollar, the leu’s indicative won 0.6% to 3.3649 units.

In the money market, overnight rates inched down to 3.5%-4% a year, from 3.86%-4.36% a year Monday.

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