Against the US dollar, the leu’s indicative strengthened almost 1.5% to 2.9249 units.

The leu opened at 4.23/4.232 per euro, from 4.2395/4.2405 per euro Friday. It further gained ground, amid a positive sentiment in the region after US lawmakers struck a deal to increase the nation’s borrowing ceiling and prevent a possible default.

At around 13:00 local time, the leu traded at 4.224/4.226 to the euro.

On the money market, overnight rates rose to 4.3%-4.8% a year, from 4.1%-4.6% a year Friday.