The leu opened at 4.373/3.375 to the euro, compared to 4.375/4.376 to the euro at Friday closing.
Within the first hour, the leu gained some ground and traded at 4.372/3.3745 units by 10:00 local time (GMT0700). In the region, the Hungarian forint and the Polish zloty were slightly down versus the euro.
The Romanian central bank set Friday the leu’s reference rate at 4.3733 per euro, almost unchanged from the previous day.
On the money market Monday morning, overnight rates were at 3%-4% a year, up from the previous session.