The leu opened at 4.507/4.51, higher from 4.515/4.5165 per euro at Friday close, and moved in a tight range in the first hours of the session.
Soon after 10:00 local time (GMT0800), the leu traded at 4.507/4.51 to the euro.
The central bank Friday set the leu’s reference at 4.5173 versus the euro, slightly stronger from a three-week low of 4.5239 units a day earlier. Against the US dollar, the leu’s indicative won around 0.3% to 3.2955 units.
In the money market Monday morning, overnight rates were at 3% – 3.5% a year.