The currency opened at 4.425/4.427 to the euro and traded in narrow ranges throughout the day, amid weak investor interest.
The central bank set the leu’s reference at 4.4304 versus the euro, the strongest rate in one month. The leu’s reference won roughly 0.7% versus the euro in the past five sessions. Against the US dollar, the leu’s indicative lost 0.2% on the day to 3.2629 units.
In the money market, overnight rates were at 2.7%-3.2% a year, slightly up from 2.3%-2.8% a year Friday.