The leu opened at 4.4300/4.4320 to the euro, weaker from 4.4275/4.4290 per euro at Monday close.

In the first hour of trading, the national currency continued to depreciate versus the euro and traded at around 4.4400/4.4420 units.

Shortly after 10:00 a.m., the leu was trading at 4.4365/4.4385 per euro.

The central bank set the leu’s reference at 4.4288 to the euro Monday, the strongest rate in almost two weeks. Against the US dollar, the leu’s indicative won roughly 0.1% on the day to 3.311 units.

In the money market Tuesday morning, overnight rates were at 3.25%-3.75% a year.

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