The leu opened at 4.38/4.383 to the euro, from 4.383/4.385 to the euro at Friday closing.

It later weakened slightly towards 4.383/4.385 versus the euro, on low traded volumes.

Romania’s central bank set Friday the leu’s official rate at 4.396 per euro, from 4.3924 per euro the day before. The leu gained in late trade Friday after BNP Paribas and Societe Generale issued a positive recommendation for Romanian bonds.

On the money market Monday morning, overnight rates were at 1.3%-1.8% a year, up from 1%-1.5% a year last week.

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