At around 10:15 local time, the leu traded at 4.435/4.439 per euro, higher from 4.4415 to the euro at Friday close.

Friday, the central bank set the leu’s a reference rate at 4.4412 units, up 0.02% from 4.4421 units in the previous day. Against the US dollar, the leu’s indicative lost 0.63% on the day to 3.5697 units.

In the money market Monday morning, overnight rates were at 0.5%-1% a year, from 0.06%-0.46% a year Friday.

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