The leu closed at 4.4065/4.408 per euro, from 4.408/4.4095 per euro Friday.
It had opened slightly down at 4.417 to the euro, but later appreciated and hit an intraday high of 4.403 against the euro. Trading volume was low, with just 40 transactions made during today’s session.
The central bank set the leu’s reference at 4.4099 versus the euro, the strongest rate in 10 months. Against the US dollar, the leu’s indicative gained 0.3% on the day to 3.2315 units.
In the money market, overnight rates rose to 2.2%-2.7% a year, from 0.9%-1.4% a year Friday.