The leu opened at 4.43/4.432 per euro, modestly higher from 4.438/4.4395 to the euro at Friday closing level.
Later, the national currency traded slightly above 4.43 units, ranging from a high of 4.43 to the euro to a low of 4.4325 against the euro in the first hour of trading.
Shortly after 10:00 local time (GMT0800), the leu was trading at 4.432/4.4344 versus the euro, slightly higher from Friday closing.
The central bank set the leu’s reference at 4.4412 versus the euro, modestly weaker on the day. Against the US dollar, the leu’s indicative was 3.2644, from 3.2619 a day earlier.
In the money market Monday morning, overnight rates rose to 2% – 2.5% a year.