Monday, the leu closed at 4.44/4.443 per euro.
The national currency opened flat against euro and moved in a narrow range in early action, amid low volumes. It later lost ground, hitting the day’s low of 4.456 per euro in the afternoon, amid a negative sentiment in the region as investors show little confidence that an EU meeting due Wednesday would yield positive results in tacking the sovereign debt crisis.
The central bank set the leu’s reference at 4.4452 to the euro, weaker on the day. Against the US dollar, the leu’s indicative fell to 3.4817 units, from 3.4767 units Monday.
On the money market, overnight rates fell to 1.8%-2.3% a year, from 4.6%-5.1% a year in the previous day. The central bank injected 7.94 billion lei (EUR1.78 billion) in the market Monday, the largest sum since February 2010.