Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
BNR Keeps Key Rate Steady At 5.25%
Romania's central bank kept its key rate unchanged at 5.25% for the ninth consecutive meeting Thursday, as widely expected, as the country's inflation rate remains above-target, but it took...
Isarescu: BNR Will Begin Rate Cut Cycle
Romania’s central bank plans to begin a monetary policy easing cycle, as soon as the next board meeting scheduled for July 1, hoping the economic developments will not stop the process, gove...
Romania Forex Reserves Rise To EUR32.4B in April
Romanian foreign exchange reserves rose slightly to EUR32.4 billion in April from EUR32.2 billion in the previous month, central bank data showed Thursday.
Leu Exchange Rate Weakens 0.3% To 4.3352 Vs Euro
The Romanian leu lost ground against the euro in the first half of Thursday's session and the central bank set the leu's exchange rate at 4.3352 against the euro, about 0.3% weaker on the da...
SIF Banat-Crisana 1Q Revenue Down 25% To RON28M
Romanian regional investment fund SIF Banat-Crisana (SIF1.RO) Monday reported revenue of 27.9 million lei (EUR6.3 million) for the first quarter, down 25% on the year.
Bucharest Stocks Rise In Early Trade, Fondul Proprietatea Fuels Trading Values
The Bucharest stock market rose slightly in early trade Monday, in a quiet session, as almost half of the listed companies are suspended from trading due to holding the general shareholder m...
Leu Gains Vs Euro, Trades Near 4.32 Units
The Romanian leu gained ground in early trade Monday, trading close to 4.32 against the euro, on rising volumes.
Housing Permits Rise 43.1% On Month In March
Romanian housing permits rose 43.1% to 3,049 units in March, from 2,130 units a month earlier, the country’s statistics institute INS said Monday.
Romanian Executives Optimistic About Economy In 2Q
Romanian executives estimate all economic sectors will see higher activity levels in the April-June period compared with the previous three months, the statistics institute INS said in a sur...
BCR 1Q Loss Narrows To RON12.1M Vs RON307.8M
Romania’s largest bank BCR, a unit of Austria’s Erste Group Bank (EBS.RO), Monday reported a net loss of 12.1 million lei (EUR2.8 million) for the first quarter, compared with RON307.8 milli...
Bucharest Stocks End Slightly Up, Transgaz Soars
The Bucharest stock market ended in positive territory Friday, with Transgaz (TGN.RO) staying on an upward trend, adding a 4.2% gain to its recent rally.
Bucharest Stocks End Down, Transgaz Bucks Trend
Bucharest-listed shares went down Thursday, following the European markets’ trend, but Transgaz (TGN.RO) recouped part of yesterday’s loss as it was the only blue-chip that ended in green te...