The leu opened at 4.4515 to the euro, lower from 4.447/4.449 per euro at Friday close.

At around 10:20 local time (GMT0720), the national currency was trading at 4.454/4.4565 to the euro.

The central bank Friday set the leu’s a reference rate at 4.4517 per euro, the strongest level in four weeks. Last Thursday, the official rate was 4.4625 per euro. Against the US dollar, the leu’s reference gained 0.35% to 3.2161 units.

In the money market Monday morning, overnight rates were flat at 2.79% – 3.29% a year.

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