The leu opened at 4.235/4.240 to the euro, weaker than 4.2265/4.228 at closing Friday.

Within the first hour, the leu continued to weaken versus the European coin, to an early low of 4.263/4.265. At around 10:15 am, the leu was trading at 4.26/4.263 to the euro.

The central bank set the leu’s reference at 4.2291 to the euro Friday, the lowest rate in almost four months. The leu continued to retreat versus the Swiss franc and hit a fresh record low of 3.5099 units, from 3.505 units a day earlier.

On the money market, overnight rates stayed at 2.75%-3.25% a year.

Subiecte #EURO#LEU