The national currency opened at 4.468/4.475 against the euro, similar with 4.4717 per euro at Friday close. Then, the leu traded below 4.47 per euro in early trade.
Friday, the central bank set the leu’s reference rate at 4.475 units, down 0.10% on the day. Against the US dollar, the leu’s indicative fell 0.62% on the day to 3.6474 units.
In the money market Monday morning, overnight rates were at 0.06%-0.49%, from 0.08% – 0.46% a year Friday.