Against the US dollar, the leu’s indicative lost 0.2% on the day to 3.5203 units.
The leu opened up at 4.57/4.573 per euro, from 4.5745/4.577 per euro at Friday close. It further weakened to 4.592 to the euro, close to an all-time low of 4.6481 to the euro recorded in August.
However, the currency bounced back toward 4.57 against the euro shortly after the central bank announced it has limited its repo lending to 6 billion lei (EUR1.3 billion) at today’s auction.
The decision also drove interbank rates slightly higher. Overnight rates were at 4.6%-5.1% a year, from 4.4%-4.9% a year Friday, while weekly rates rose to 5%-5.5% a year, from 4.8%-5.3% a year in the previous session.