The leu lost 0.3% against the euro, and the central bank set the leu’s reference rate versus the euro at 4.4274 units. Against the US dollar, the leu’s indicative lost 1.31% on the day to 3.9089 units.
The leu opened at 4.42/4.423 against the euro, slightly down from 4.4165 per euro at Friday close.
At around 1:00 local time, on the local market, the leu traded at 4.4265/4.4285 to the euro while the Swiss franc traded at 0.9519 units against the euro on international markets.
The Swiss franc touched record highs on the Romanian market starting with January 15, after it gained nearly 30% against the euro following Swiss National Bank’s decision to scrap the minimum exchange rate ceiling against the euro.
In the money market, overnight rates were at 0.15%-0.52%, from 0.14%-0.54% Friday.