In the first trading hour, the national currency traded at 4.468/4.47 against the euro, slightly down from 4.463/4.466 per euro at Wednesday close. The local market was closed Thursday and Friday for Christmas holiday. It ranged from a high of 4.469 per euro and a low of 4.475 per euro.
Wednesday, the central bank set the leu’s reference at 4.4702 units, up 0.13% on the day. Against the US dollar, the leu’s indicative lost 0.15% on the day to 3.665 units.
In the money market Monday morning, overnight rates were at 0.15%-0.61%, from 0.26% – 0.73% a year Wednesday.