Monday, the currency lost 0.7% and closed at 4.394/4.395 per euro.

The leu opened slightly down at 4.395/4.3977 per euro but started to gain ground in early action, amid higher foreign currency sales from non-residents.

The central bank set the leu’s reference at 4.3853 versus the euro, modestly stronger on the day. Against the US dollar, the leu’s indicative weakened 0.13% to 3.2668 units.

In the money market, overnight rates were at 5.5%-6% a year, down from 6.5%-7% a year in the previous day.

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