The leu closed at 4.513/4.515 per euro, from 4.5/4.5015 per euro Friday. Elsewhere in the region, the leu’s peers were losing up to 0.9% versus the euro amid a negative sentiment following the crisis in Ukraine.
The leu opened at 4.506 to the euro, but further depreciated, hitting a low of 4.5215 per euro in the first part of the trading session. In the afternoon, the local currency returned below 4.52 to the euro.
The central bank set the leu’s reference at 4.5169 per euro, 0.4% weaker on the day.
In the money market, overnight rates were flat at 2.3%-2.8% a year.