The leu opened at 4.404 to the euro, from above 4.41 per euro at Friday close.
In the first trading hour, the national currency traded at 4.405/4.4075 against the euro. It ranged from a low of 4.4095 per euro and a high of 4.404 per euro.
Friday, the central bank set the official exchange rate at 4.4006 per euro, about 0.1% stronger on the day. The leu’s indicative lost significant ground against the US dollar, falling by almost 1.4% to 3.3964 units, from 3.3501 units Thursday.
In the money market Monday morning, overnight rates were at 1.75%-3%, from 2.05% – 2.55 a year Friday.