Against the US dollar, the leu’s indicative lost 2.5% on the day at 2.9476 units.
The leu opened lower against the euro Monday, tracking the currencies in the region, which started to retreat after Standard & Poor’s downgraded Italy’s outlook to negative on weak economic performance.
The leu opened at 4.12/4.122 per euro, from 4.114/4.115 per euro at Friday’s closing. It further lost ground, hitting an early low of 4.129 per euro.
At around 13:00 local time, the leu traded at 4.126/4.128 to the European common currency.
On the money market, overnight rates fell to 2%-2.5% a year, from 2.4%-2.9% a year Friday.