The leu opened at 4.5350 to the euro, slightly higher from 4.5360/4.5390 to the euro at Monday closing.

Within the first hour of trading, the leu stayed mostly unchanged. At 10:10 local time, the leu traded at RON4.5360/4.5365 to the euro.

Monday, the central bank set the leu’s reference at 4.5349 per euro, slightly stronger on the day. Against the US dollar, the leu’s reference gained 0.35% to 3.5512 units.

On the money market Tuesday morning, overnight rates were slightly up to 5.2%-5.5% a year.

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