Friday, the leu closed slightly weaker at 4.463/4.465 per euro.
The local currency opened at 4.459 versus the euro and traded in narrow ranges throughout the day.
Market participants said investors had no immediate reaction to the central bank’s monetary policy decision. The bank lowered its main lending rate by 25 basis points to 4.25% a year, in line with analysts’ expectations.
The central bank set the leu’s reference rate at 4.4604 to the euro, barely changed from 4.4603 per euro in the previous session. The leu held steady against the US dollar as well and the indicative rate was set at 3.3051 units, versus 3.3052 units Friday.
In the money market, overnight rates rose to 3%-3.5% a year, from 2.8%-3.3% a year in the previous session.