The leu closed at 4.4725/4.4735 to the euro, from 4.4765/4.4785 to the euro Friday.
It had opened up at 4.47/4.4745 per euro, but lost ground in the first half of the session, when it traded at around 4.48 per euro. In the afternoon, the local currency changed trend once again and returned towards 4.47 per euro.
The central bank set the leu’s reference at 4.4792 against the euro, weaker from 4.4741 per euro in the previous session. Against the US dollar, the leu’s indicative won 0.7% on the day to 3.5049 units.
In the money market, overnight rates were flat at 4.8%-5.3% a year. The central bank earlier Monday injected RON12.56 billion into the market in a one-week repurchasing agreement operation, at an annual yield of 5.25% a year.