The leu opened at 4.4635/4.4655 per euro, slightly weaker from 4.4615/4.4635 per euro at Monday close.

Later, the leu gained ground against the European currency and traded below 4.46 units.

Shortly after 10:00 local time (GMT0700), the leu was trading at 4.4570/4.4580 per euro.

The central bank set the leu’s reference at 4.4676 per euro Monday, the lowest rate in three weeks. Against the US dollar, the leu’s indicative lost 0.5% on the day to 3.2948 units.

In the money market Tuesday, overnight rates were at 2.25%-2.75% a year.

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