The leu closed at 4.4078 per euro, from 4.389/4.391 per euro Friday.
The currency opened flat on the day and appreciated briefly to 4.3865/4388 per euro before turning to losses. It hit the day’s low of 4.4198 to the euro in the second half of the session, but returned below 4.41 to the euro toward the closing bell.
The central bank set the leu’s reference at 4.409 versus the euro, the lowest level in almost two months. The leu’s exchange rate against the euro lost around 1.7% in the past two sessions, amid a negative sentiment in the region as the appetite for risky assets has started to decrease.
Against the US dollar, the leu’s indicative retreated 0.3% to 3.3846 units, the lowest rate since April 8.
In the money market, overnight rates were at 3.86%-4.36% a year, from 3.46%-3.96% a year Friday.