The leu opened at 4.4200/4.4220 per euro, from 4.424/4.425 per euro at Friday close, and later was trading at 4.4170/4.4220 against the euro.
The central bank set the leu’s reference at 4.4283 versus the euro Friday, slightly stronger on the day. Against the US dollar, the leu’s indicative was 3.3787 units, again modestly higher on the day.
In the money market Monday morning, overnight rates rose slightly to 5.25%-5.75% per year.