The leu opened up at 4.424 per euro, from 4.433/4.434 per euro at Friday close.

At around 10:00 am, the currency traded at 4.4235 versus the euro.

The central bank set the leu’s reference at 4.4373 to the euro Friday, slightly stronger from a three-week low of 4.4399 units a day earlier. Against the US dollar, the leu’s indicative won 0.3% on the day to 3.3157 units.

In the money market Monday morning, overnight rates were at 1.5%-2% a year.

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