The central bank set the leu’s reference rate versus the Swiss franc at 4.1824 units, slightly up from 4.1904 Friday. Against the US dollar, the leu’s indicative gained 0.04% on the day to 3.8911 units.
In the first trading hour, the national currency traded at 4.441/4.443 per euro, little changed from 4.4403 to the euro at Friday close.
At around 1:00 local time, on the local market, the leu traded at 4.4395/4.4420 to the euro while the Swiss franc traded up at 0.9412 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 0.16%-0.53%, from 0.14%-0.54% Friday.