The leu opened at 4.5630/4.5650 per euro, similar to 4.565/4.568 per euro at Friday close.
In the first hour of trading, the leu ranged between 4.5600/4.5640 to the euro.
The leu’s exchange rate Friday fell to a new record low of 4.5495 per euro, from 4.5252 per euro Thursday. Against the US dollar, the leu’s indicative lost 0.6% on the day to 3.7274 units, the weakest rate to date. The leu lost 5.3% against the euro and over 11.6% against the US dollar since the end of 2011.
In the money market Monday morning, overnight rates were at 3% – 4% a year.