The leu touched an early low of 4.39 versus the euro, but it later strengthened modestly to 4.388 per euro.
At around 10:15 local time, the national currency traded at 4.388/4.39 to the euro, similar with 4.388/4.391 per euro at Friday close.
The central bank Friday set the leu’s reference at 4.3888 versus the euro, slightly weaker from a 13-month high of 4.3847 per euro in the previous session. Against the US dollar, the leu’s indicative edged down 0.1% to 3.2239 units.
In the money market Monday, overnight rates were at 1.5% – 2.75% a year, from 1.76% – 2.26% Friday.