The leu opened at 4.4490/4.4500 to the euro, lower from 4.4470/4.4485 to the euro at closing Friday.

At 10:00 local time (GMT0700), the leu traded at 4.4475/4.4495 against the euro.

“The trading volumes are very low and any move could influence the leu’s trend. The volumes are very low, which is specific to the summer period. (…),” a dealer said.

The central bank Friday set the leu’s reference at 4.4494 to the euro, slightly stronger on the day. Against the US dollar, the leu’s indicative won 1.26% to 3.536 units.

On the money market Monday morning, overnight rates were at 5%-5.25% a year, higher from 4.25%-4.75% a year on Friday.

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