The leu opened at 4.4325 to the euro, similar with 4.431/4.432 per euro at Friday close. At around 10:40 local time, the national currency traded at 4.435/4.436 against the euro.
Friday, the central bank set the leu’s reference at 4.434 per euro, the highest rate in six months. Against the US dollar, the leu’s indicative gained 0.6% to 3.1991 units, the strongest rate since November 14, 2011.
In the money market Monday morning, overnight rates were at 2.75%-3.5%.