The leu opened flat at 4.442/4.445 per euro. It later depreciated and at around 10:20 am traded at 4.452/4.454 to the euro.
Elsewhere in the region, the leu’s peers were losing up to 0.3% versus the euro.
The central bank set the leu’s reference rate of 4.4424 to the euro Friday, 0.2% weaker on the day. Against the US dollar, the leu’s indicative lost 0.9% to 3.3104 units.
In the money market Monday morning, overnight rates were at 1.7%-2.2% a year.