In the previous session, the central bank had set the leu’s reference at 4.2912 per euro, the highest rate in three months.

Against the US dollar, the leu’s indicative dipped to 3.2861 from 3.2837.

The leu opened at 4.289/4.291t o the euro, compared to 4.2495/4.296 at closing Friday.

At around 13:00 local time (GMT1100), the leu was trading at 4.2965/4.2995 to the euro.

On the money market, overnight rates rose to 5.5%-6.1% a year, from 4%-4.5% a year.

Subiecte #EURO#LEU