The leu opened at 4.48 to the euro, similar with 4.478/4.481 to the euro at Friday close.

The national currency soon started to lose ground slightly and, at around 10:20 local time (GMT0820), it was trading at 4.4855 versus the euro.

Friday, the central bank’s reference for the leu weakened 1.55% on the day to 4.4824 per euro, from 4.4669 in the previous session. Against the US dollar, the leu’s indicative was set as 3.3040 units, from 3.3021 a day earlier.

In the money market Monday morning, overnight rates ranged between 2.75% and 3.25% a year.

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