In the first trading hour, the national currency traded at 4.4256/4.4265 against the euro, slightly up from 4.428 per euro at Friday close. It ranged from a high of 4.4245 per euro and a low of 4.4265 per euro.
Friday, the central bank set the leu’s reference at 4.4272 units, up a mere 0.05% on the day. Against the US dollar, the leu’s indicative was flat on the day at 3.5521 units.
In the money market Monday morning, overnight rates were at 0.1%-0.55%, from 0.09% -0.54 a year Friday.