Romanian leu weakens further vs euro

The local currency closed at around 4.4857 per euro, compared to a close of 4.4738 per euro on Monday.

The leu changed hands between 4.4701 and 4.4863 against the euro during the trading session, real-time interbank FX data published by local portal Conso.ro indicated.

Romania's central bank, BNR, set its reference exchange rate at 4.4834 per euro, versus 4.4744 per euro on Monday. For the U.S. dollar, BNR set its reference exchange rate at 3.6885 lei compared to 3.6684 lei a day earlier.

Turnover on the Romanian interbank leu deposit market fell to 690.2 million lei on Monday from 1.15 billion lei on Wednesday, the last working day after the Christmas holidays. BNR will issue Tuesday's turnover figure on Wednesday.

Interest rates on overnight leu deposits fell to 0.13%/0.55% from 0.15%/0.61% on Monday.