The leu opened at 4.53 to the euro, slightly higher from 4.534/4.535 per euro at Friday close, but edged down to 4.535 against the euro in the first hour of trading.
The national currency fell to a low of 4.555 per euro Friday afternoon, tracking the evolution of its peers in the region. However, the moment was short lived and the leu returned toward 4.53 per euro, with dealers suspecting an intervention from the central bank.
The central bank Friday set the leu’s reference at 4.528 per euro, little changed from 4.5281 per euro Thursday. Against the US dollar, the leu’s indicative strengthened to 3.3109 units, from 3.3218 units a day earlier.
On the money market Monday morning, overnight rates were flat at 0.8% – 1.3% a year.