Against the US dollar, the leu’s indicative lost 0.2% to 3.318 units.

The leu opened at 4.53 per euro, from 4.534/4.535 per euro at Friday close. It later lost ground, and traded near 4.54 to the euro during the first half of the session, amid low volumes.

“The market settled at around 4.54 to the euro, most likely due to expectations that the central bank would step in to prevent the leu from falling too much,” one dealer said.

In the money market, overnight rates were at 1%-1.5% a year, from 0.8%-1.3% a year Friday.