The leu opened at 4.523 to the euro, slightly weaker than 4.5205/4.5215 to the euro at Monday close. It further traded in a tight range around the opening values.

At around 10:00 local time (GMT0800), the leu traded at 4.523/4.525 per euro, while the Hungarian forint and the Polish zloty were flat against the European currency.

Romania’s central bank set Monday the leu’s exchange rate at 4.5366 per euro, from 4.5447 per euro at the end of last week.

On the money market Tuesday morning, overnight rates were stable at around 0.5%-1% a year.

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