Friday, the leu closed at 4.21/4.2105 per euro.
Elsewhere in the region Monday afternoon, the leu’s peers were losing around 0.7% on average versus the European common currency.
The leu opened flat against the euro, but further lost ground, amid a negative sentiment in the region following fears that Italy’s massive public debt could add to the European financial crisis. Risk aversion was also fueled by media reports on a possible controlled default in Greece to help balance the country’s finances.
The leu’s evolution was unmoved by inflation data showing lower food prices have pushed the annual inflation down to 7.93% in June, from a record high of 8.41% a month earlier.
The central bank set the leu’s reference at 4.2272 per euro, from 4.2037 per euro in the previous session. The leu’s indicative fell to 3.5742 units versus the Swiss franc, the lowest rate ever. Against the US dollar, the leu lost 1.4% on the day at 2.9921 units.
On the money market, overnight rates were flat on the day at 2.4%-2.9% a year.