The leu opened flat at 4.462 per euro, but further depreciated and hit an early low of 4.475 per euro.
At around 10:40 am, the local currency traded at 4.47/4.473 to the euro.
The central bank set the leu’s reference at 4.4567 to the euro Friday, modestly weaker on the day. Against the US dollar, the leu’s indicative lost 0.4% to 3.296 units.
In the money market Monday morning, overnight rates were at 1%-1.5% a year.