The national currency opened at 4.4313 to the euro, from 4.433 per euro at Friday’s close. It appreciated to 4.4281/4.4318 per euro after the first hour and reached an early high of 4.4285 against the euro, amid low transferred volumes.
Friday, the central bank set the leu’s reference at 4.433 versus the euro, the lowest rate in eight days. Against the US dollar, the leu’s indicative depreciated 0.25% to 3.3098 units.
In the money market, overnight rates rose to 2%-2.5% a year.