The leu closed at 4.4615/4.4635 per euro, about 0.3% weaker from 4.4495/4.4515 per euro Friday.

Elsewhere in the region, the leu’s peers were losing around 0.1% versus the euro.

The leu opened at 4.45/4.453 to the euro and further depreciated, amid growing corporate demand for euros. The local currency hit the day’s low of 4.4685 per euro in the second half of the session.

The central bank set the leu’s reference at 4.4676 per euro, the lowest rate in three weeks. Against the US dollar, the leu’s indicative lost 0.5% on the day to 3.2948 units.

In the money market, overnight rates were at 2.1%-2.6% a year.

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