Monday, the leu closed at 4.3855/4.3875 to the euro.
The currency opened flat on the day and moved in a narrow range in the first half of the session, amid low volumes. In the afternoon, the leu appreciated versus the euro after a widely watched survey showed economic expectations for the German economy improved in February for the sixth consecutive month.
The leu’s peers were gaining around 0.3% against the euro after the news.
The central bank set the leu’s reference at 4.3842 to the euro, marginally stronger on the day. Against the US dollar, the leu’s indicative dipped to 3.2884 units, from 3.2853 units in the previous session.
In the money market, overnight rates fell to 3%-3.5% a year, from 4.7%-5.2% a year Monday.