The leu opened at 4.603/4.605 per euro, from 4.605/4.607 per euro at Friday close. It further gained ground, hitting an early high of 4.59 to the euro.
Market participants said investors didn’t immediately react to reports indicating Romania’s suspended president Traian Basescu might have survived a referendum on his impeachment due to low turnout.
The leu’s reference rate was set at 4.6118 to the euro Friday, stronger on the day.
In the money market Monday morning, overnight rates were at 4.5%-5% a year.