The leu opened at 4.436/4.439 to the euro, from 4.44/4.4415 to the euro at Friday closing.
After the first hour of the session, the leu traded at 4.4355/4.4375 to the euro, while other currencies in the region were losing up to 0.7%. The euro also touched a four-month low versus the US dollar, as political negotiations in Greece failed over the weekend. Investors fear Greece will exit the euro-zone as the country lacks a government to put in place the austerity measures.
The Romanian central bank set Friday the leu’s reference rate at 4.4265 per euro, an all-time low.
On the money market Monday morning, overnight rates were slightly higher at 3.8%-4.3% a year, from 3.7%-4.2 a year Friday.