The leu closed at 4.4655/4.4665 to the euro, compared to 4.464/4.4675 to the euro at Friday closing.

It opened slightly stronger, at 4.458/4.46 per euro, on a positive sentiment in the region, as pro-bailout parties won the Greek elections on Sunday. But the markets turned to losses after Spain’s financing costs at a 10-year bond tender climbed above 7%

The leu touched the day’s high at 4.467 to the euro in mid-trade, but the trading was relatively calm afterwards.

Romania’s central bank set the leu’s reference at 4.464 per euro, 0.14% weaker on the day.

On the money market, overnight rates were flat at 5%-5.5%.

Subiecte #EURO#LEU