The leu opened at 4.431 to the euro and traded in a narrow range throughout the day. Investors only place 70 trade orders during the session, dealers said.
The central bank set the leu’s reference at 4.4328 versus the euro, slightly weaker from an eight-month high of 4.4295 units recorded in the previous session. Against the US dollar, the leu’s indicative retreated 0.4% to 3.22 units.
In the money market, overnight rates were at 1.9%-2.4% a year, from 2.1%-2.6% a year Friday.