Against the US dollar, the leu’s indicative lost 1.3% on the day at 2.9093 units.

The leu opened at 4.118/4.12 to the euro, slightly weaker from 4.115/4.1155 to the euro at Friday closing, but it soon changed direction and touched an early high at 4.104 units.

It later stayed in narrow ranges and, at around GMT1000, it traded at 4.1055/4.1065 per euro.

Dealers said the other currencies in the region were also posting small gains, following the US dollar’s depreciation against the euro.

On the money market, overnight rates were almost flat at 2.7%-3.2% a year.