The leu opened at 4.4590 against the euro, higher from 4.463/4.465 to the euro at Friday close.

At around 10:30 local time (GM0700), the leu was trading at 4.4600/4.4625 versus the euro.

The central bank set the leu’s reference at 4.4603 to the euro, modestly stronger on the day. Against the US dollar, the leu’s indicative won 0.1% at 3.3052 units.

On the money market Monday morning, overnight rates ranged between 3% and 4% a year.

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