The leu opened at 4.280/4.283 to the euro, close to 4.283/4.285 at closing the day before.

Within the first hour, the leu continued to weaken and, at around 10:15 local time, it was trading at 4.287/4.290 against the European coin.

The central bank published Tuesday a reference rate of 4.2838 lei to the euro, the weakest level this year.

On the money market, overnight rates dropped to 2.25%-2.5% a year, from 2.73%-3.23% a year previously.

Subiecte #EURO#LEU