The leu opened at 4.3880/4.3900 to the euro, compared with 4.3850/4.3860 to the euro at Friday closing.

It weakened further and traded at 4.3900/4.3950 per euro at around 10:10 local time (GMT0810), after touching an early high at 4.3880.

“The local market is quiet, mirroring the regional ones, while the trading volumes are very low,” a dealer said.

Romania’s central bank set Friday the leu’s reference at 4.3885 to the euro, versus 4.3844 to the euro a day earlier. Against the US dollar, the leu’s indicative dipped to 3.2907 units.

On the money market Monday morning, overnight rates were at 4.6%-5.3% a year.

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