The leu opened at 4.44/4.443 to the euro, stronger from 4.4445/4.4455 to the euro at Friday closing.
It further gained insignificant ground and traded below 4.44 units at around 10:00 local time.
The leu, the (Polish) zloty and the (Hungarian) forint are gaining slightly against the euro, as investors regained their risk appetite after the Asian markets turned green. However, the traded volumes on EUR/RON are very low,” a banking dealer said.
The Romanian central bank set Friday the leu’s reference rate at 4.4421, slightly stronger on the day.
On the money market Monday morning, overnight rates fell to 4.6%-5.1% a year from 5.1%-5.6% a year in the previous session.