The national currency opened at 4.4475/4.4495 per euro, from 4.44/4.443 per euro at Friday close, and appreciated to an intraday high of 4.434 versus the euro before turning to losses in the second half of the trading session.

Elsewhere in the region Monday afternoon, the leu’s peers were gaining about 0.5% against the euro.

The central bank set the leu’s reference at 4.4356 per euro, modestly stronger on the day. Against the US dollar, however, the leu’s indicative was 3.2836 units, weaker from 3.2814 units Friday.

In the money market, overnight rates were at 1.1%-1.6% a year.

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