Against the US dollar, the leu’s indicative lost almost 1.4% on the day to 3.1337 units.
The leu opened down at 4.277/4.280 per euro, from 4.260/4.262 per euro at Friday’s closing. It moved in narrow ranges throughout the morning and at around 13:00 local time traded at 4.278/4.28 per euro.
Elsewhere in the region, the leu’s peers were losing up to 1.5% against the euro, after the EU finance ministers failed to come to common grounds on how to resolve the debt crisis.
On the money market, overnight rates fell to 3.7%-4.2% a year, from 4.5%-5% a year Friday.