The leu closed at 4.569/4.571 per euro, from 4.5745/4.577 per euro Friday.
The currency had opened at 4.57/4.573 against the euro, but weakened to 4.592 to the euro in early action, close to an all-time low of 4.6481 to the euro recorded in August.
However, the currency bounced back toward 4.57 against the euro shortly after the central bank announced it has limited its repo lending to 6 billion lei (EUR1.3 billion) at today’s auction.
The decision also drove interbank rates slightly higher. Overnight rates were at 4.6%-5.1% a year, from 4.4%-4.9% a year Friday, while weekly rates rose to 5%-5.5% a year, from 4.8%-5.3% a year in the previous session.
The central bank set the leu’s reference at 4.5646 per euro, stronger from a two-month low of 4.5694 units Friday. Against the US dollar, the leu’s indicative lost 0.2% on the day to 3.5203 units.