Against the US dollar, the leu’s reference gained 0.17% to 3.4094 units.
The leu opened at 4.458/4.461 per euro, from 4.4545/4.4585 per euro at Friday close. It strengthened slightly in the first half of the session and at around 1:00 pm traded at 4.449/4.452 to the euro.
Market participants said the leu’s evolution was not influenced by the central bank’s decision to cut its main lending rate to a record low of 5% a year, as investors had anticipated the move.
In the money market, overnight rates were at 4.96%-5.46% a year, little changed on the day.