The leu closed at 4.4441 per euro, modestly lower than 4.4403 to the euro at Friday close.

In the first trading hour, the national currency touched a high of 4.4384 versus the euro and a low of 4.446 per euro.

Monday, the Romanian central bank set the leu’s reference rate versus the euro at 4.4407 units, similar with 4.4408 Friday.

The central bank set the leu’s reference rate versus the Swiss franc at 4.1824 units, slightly up from 4.1904 Friday. Against the US dollar, the leu’s indicative gained 0.04% on the day to 3.8911 units.

The Swiss franc touched record highs on the Romanian market starting with January 15, after it gained nearly 30% against the euro following the Swiss National Bank’s decision to scrap the minimum exchange rate ceiling against the euro.

In the money market, overnight rates were at 0.16%-0.53% a year Monday, from 0.14%-0.54% a year Friday.

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