The leu closed at 4.2775/4.28 per euro, from 4.2675/4.2695 per euro Friday.
It opened down at 4.282/4.284 to the euro and further lost ground, hitting the day’s low of 4.2915 to the euro. It later recouped some of its losses and traded below 4.28 to the euro in the second half of the session.
The central bank set the leu’s reference at 4.2805 per euro, the lowest rate in one month. Against the US dollar, the leu’s indicative lost 1.73% to 3.1396 units, the weakest figure since February 16.
On the money market, overnight rates were flat at 4%-4.5% a year.