The leu closed at 4.318/4.321 per euro, 0.5% stronger from 4.3385/4.341 per euro in the previous session. Elsewhere in the region, the leu’s peers were gaining up to 1.2% versus the euro.
The currency opened at 4.34/4.343 per euro, but gained ground shortly after, hitting the day’s high of 4.311 per euro in the first half of the session.
The central bank set the leu’s reference at 4.3224 to the euro, the highest rate in 16 months. Against the US dollar, the leu’s indicative won 0.8% to 3.304 units, the strongest level since February 25.
In the money market, overnight rates rose to 3.9%-4.4% a year, from 3.5%-4% a year Friday.