The leu opened at 4.531/4.533 per euro, from 4.534/4.5355 per euro at Monday close, and moved in a tight range in the first hour, on thin volumes.

At around 10:30 am, the leu traded at 4.534/4.5355 to the euro.

The central bank set the leu’s reference at 4.5339 per euro Monday, modestly stronger on the day.

In the money market Tuesday morning, overnight rates were at 5%-5.6% a year.

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