The leu opened at 4.351/4.355 against the euro, close to Friday’s closing levels.

Within the first hour of trading, the leu stagnated versus the euro, while other currencies in the region were seeing some modest gains.

The central bank set the leu’s reference at 4.3533 per euro Friday, slightly weaker on the day. Against the US dollar, the leu’s reference won 1.1% to 3.31 units, from 3.3457 units in the previous session.

On the money market Monday morning, overnight rates stayed at 1.7%-2.2% a year.

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