The leu opened at 4.25/4.253 to the euro, weaker from 4.235/4.237 to the euro at closing Friday. It later traded between 4.245 and 4.25 units, as the other currencies in the region were also posting small declines, dealers said.
Friday, Romania’s central bank set the leu’s reference rate at 4.2419 per euro, 0.4% weaker on the day.
On the money market Monday morning, overnight rates were at 4.5%-5% a year.