The leu opened at 4.487 per euro, slightly up from 4.49/4.492 per euro at Monday close, and traded in a tight range during the first part of the morning.

At around 10:20 local time (GMT0820), it was trading at 4.487/4.4885 versus the euro.

The central bank set the leu’s reference at 4.4905 versus the euro, 0.2% weaker on the day. Against the US dollar, the leu’s indicative lost 0.1% to 3.2758 units.

In the money market Tuesday morning, overnight rates were at 4.25%-5% a year.

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