The leu opened at 4.4285 per uro, stronger from 4.438/4.44 to the euro at Friday’s close.
Later, the national currency extended gains versus the euro and was trading at 4.4245/4.4255 at around 10:20 a.m..
The central bank set the leu’s reference at 4.4303 against the euro Friday, stronger from 4.44 per euro Thursday. Against the US dollar, the leu’s indicative won 0.5% on the day to 3.314 units.
In the money market Monday morning, overnight rates rose to 3%-4% a year.