Friday, the leu’s rate fell to its lowest level since October 2012.

Against the US dollar, the leu’s indicative appreciated to 3.4191 units, from 3.4402 units a session earlier. The leu’s indicative versus the greenback is computed based on the leu/euro and the euro/dollar exchange rates.

The leu opened at 4.525/4.526 per euro, from 4.52/4.522 per euro at Friday close. It hit an early low of 4.535 to the euro before appreciating toward 4.52 units around noon.

In the money market, overnight rates were at 3.9%-4.4% a year, slightly down from 4.2%-4.7% a year Friday.