The leu opened at 4.358/4.361 to the euro, slightly stronger than 4.362/4.3635 to the euro at Friday closing.
However, it soon started to lose little ground, getting above 4.36. At around 10:00 local time (GMT0800), the leu traded at 4.361/4.363 versus the euro, but the transferred volumes were low.
The Romanian central bank set Friday the leu’s exchange rate at 4.3573, the strongest level since January 22.
On the money market Monday morning, overnight rates were almost unchanged at 5%-5.5% a year.