Against the US dollar, the leu’s reference won 0.13% on the day to 3.5051 units.

The leu opened modestly up at 4.577/4.5785 per euro, from 4.581/4.5825 per euro at Friday close. It further appreciated and traded at 4.5745/4.576 per euro, after the central bank announced it has capped its repurchasing operation for the third consecutive week.

In the money market Monday morning, overnight rates fell to 3.2%-3.7% a year, from 4.7%-5.2% a year Friday.