Against the US dollar, the leu’s indicative strengthened modestly to 3.4666 units, versus 3.4687 units Thursday. The market was closed Friday for a national holiday.
The leu opened at 4.512/4.514 per euro, from 4.507/4.5095 per euro at Thursday close. It further depreciated and at around 1:00 pm traded near 4.52 to the euro.
In the money market Monday morning, overnight rates were flat at 6%-6.5% a year, amid liquidity shortage.