The leu opened at 4.4915/4.4945 to the euro, weaker from 4.487/4.489 to the euro at Friday close.

The local currency hovered above 4.49 versus the euro after the first trades and traded at 4.491/4.493 to the euro shortly after 10:00 local time (GMT0800).

The central bank Friday set the leu’s exchange rate at 4.4882 per euro, weaker than 4.4847 per euro in the last trading day of 2013.

On the money market Monday, overnight rates were flat at 1% – 1.5% a year.

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