Against the US dollar, the leu’s indicative lost almost 0.9% to 3.3821 units, the weakest level in almost four months. On January 18, the leu’s exchange rate was set at 3.3892 to the US dollar.

The leu opened at 4.405/4.4075 to the euro, compared with 4.403/4.4035 to the euro at Friday closing. It further traded in a narrow range, in a quiet market with low transferred volumes.

At around 13:00 local time (GMT1000), the leu traded at 4.406/4.408 per euro.

On the money market, overnight rates were slightly down on the day at 3.95%-4.45% a year.