The leu closed at 4.4715/4.474 per euro, from 4.475/4.478 per euro Friday.

The currency opened 4.472 to the euro and hit the day’s high of 4.4565 per euro in early action, helped by foreign currency sales from non-residents. In the second half of the day, the leu returned towards 4.475 against the euro.

The central bank set the leu’s reference at 4.4675 versus the euro, the strongest rate in three months. Against the US dollar, the leu’s indicative gained 0.7% on the day to 3.3954 units.

In the money market, overnight rates were at 5.2%-5.7% a year, from 5.4%-5.9% a year Friday.

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