Romanian leu ends flat vs euro in low volumes

The currency ended at 4.5280/5290 per euro compared to 4.5280/5310 on Friday.

“The leu opened at around 4.5260/5280 per euro and hit an intraday low of 4.5370. Traded volumes were small and interest from both domestic and foreign players was low”, a local dealer told SeeNews.

Romania's central bank, BNR, set its reference exchange rate at 4.5219 lei per euro on Monday, compared to 4.5220 lei per euro on Friday. For the U.S. dollar, BNR set the reference exchange rate at 3.5565 lei versus 3.5545 lei on Friday.

BNR on Monday injected 6.0 billion lei in the interbank money market through a one-week repo deal at a rate of 5.25%, equal to its key monetary rate. Last Monday it injected 4.0 billion lei in the interbank money market.

Turnover on the Romanian interbank leu deposit market increased to 1.12 billion lei on Friday from 1.02 million lei on Thursday. The central bank will issue Monday's turnover figure on Tuesday.

Interest rates on overnight leu deposits inched up to 5.23%/5.73% to from 5.21%/5.71% on Friday.