The leu opened at 4.4455/4.4475 per euro, similar to 4.445/4.4475 per euro at Friday close.
Later, the leu gained ground against the euro, touching an early high at 4.44 units.
At around 10:30 local time (GMT0830), the leu was trading at 4.4415/4.4435 per euro.
Romania’s central bank set a reference rate for the leu at 4.4537 units Friday, slightly weaker from 4.4508 in the previous session. Against the US dollar, the leu’s indicative was set at 3.2259 units, barely changed from the previous 3.2257.
On the money market Monday morning, overnight rates were at 2% -2.5% a year.