Against the US dollar, the leu’s indicative was set at 3.5565 units, versus 3.5545 units Friday.
The leu opened slightly up at 4.525/4.527 per euro, from 4.5275/4.529 per euro at Friday close. It fell to an early low of 4.53 to the euro, but afterward started to gain ground, with dealers suspecting a covert intervention in the market from the central bank to keep the currency from weakening too much.
At around 1:00 pm, the leu traded slightly below 4.525 versus the euro.
In the money market, overnight rates were flat at 5.2%-5.7% a year.