The leu opened at 4.465 per euro, weaker from 4.461/ 4.463 per euro at Friday close. It later traded in a narrow range, touching an early high of 4.4645 per euro and a low of 4.466 to the euro.
Shortly after 10:00 local time (GMT0700), the leu was trading at 4.463/4.465 versus the euro.
The central bank’s reference Friday strengthened 0.3% to 4.4603 units, ending a losing streak started at the beginning of last week. Against the US dollar, the leu’s indicative retreated to 3.2536 units, from 3.249 units a day earlier.
In the money market Monday morning, overnight rates rose slightly to 2% – 2.85% a year.