The leu closed at 4.4362 per euro, from 4.433 per euro Friday.
The local currency opened at 4.4313 to the euro and hit an early high of 4.4281 per euro before turning to losses. The leu reached an intraday low of 4.4365 versus the euro in the second half of the session.
Market participants said the leu was not influenced by the central bank’s decision to cut its main lending rate by a quarter of a point to a record low of 3.25% a year, although the move wasn’t widely anticipated.
The central bank set the leu’s reference at 4.4336 to the euro, marginally weaker on the day. Against the US dollar, the leu’s indicative won 0.2% to 3.303 units.
In the money market, overnight rates were at 1.5%-2% a year.