The national currency fell to 4.592 versus the euro in early action Monday, close to an all-time low of 4.6481 to the euro recorded in August.

Shortly after the central bank’s announcement, the leu strengthened to 4.5725 per euro.

In August, the central bank has limited its repo operations for four consecutive weeks. The move has helped strengthen the leu after interbank rates increased slightly, but it also led to higher yields at state treasury auctions.