Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
Rompetrol Rafinare's 1H Loss Widens To $132M
Romanian oil company Rompetrol Rafinare (RRC.RO), a unit of The Rompetrol Group, Friday reported a net loss of $131.8 million for the first half of 2012, wider than $63.7 million in the year...
Leu Rises Vs Euro, Exchange Rate At 4.6118
The Romanian leu gained ground versus the euro in mid-trade Friday, and the central bank set the official exchange rate at 4.6118, about 0.2% stronger on the day.
BNR Keeps Key Rate Unchanged At 5.25%
The Romanian central bank maintained a prudent stance Wednesday and left its key rate unchanged at a record low of 5.25% a year, in line with market expectations.
Leu Opens Stronger Vs Euro, On Low Volumes
The Romanian leu strenghtened slightly against the euro on Tuesday morning, in a very quiet market, with dealers expecting the central bank to protect the 4.47 mark.
INS: Romania 1Q Jobless Rate Slides To 7.6%
Romania's unemployment rate fell slightly to 7.6% in the first quarter, from 7.7% in the previous quarter, the country’s statistics institute INS said Tuesday.
Moody's Cuts BRD's Ratings Following SocGen's Downgrade
Moody's Investors Service has taken rating actions on five subsidiaries of Societe Generale (SocGen), including Romania's second-largest lender BRD-Groupe Societe Generale (BRD.RO), followin...
Leu Strenghtens Vs Euro On Low Volumes
The Romanian leu rose slightly against the euro in early trade Monday, on reduced transferred volumes, with dealers expecting new interventions of the central bank in mid-trade.
Leu Weakens Vs Euro, Exchange Rate At 4.4655 Units
The Romanian leu stayed down versus the euro in mid-trade Friday, and the central bank set the reference rate at 4.4655 units, slightly weaker than 4.4635 units in the previous day.
Romania Plans To Reopen 2018 Eurobond
Romania's Finance Ministry plans to reopen this year a ten-year Eurobond maturing in 2018, through which it attracted EUR750 million in July 2008.
Leu Falls Vs Euro, Tests 4.47 Mark
The Romanian leu weakened against the euro in early trade Friday, in a relatively quiet market, but dealers said the central bank might step into the market to prevent a further depreciation...
Romania Sells RON94M 4-Year Bonds At 6.28% Average Yield
Romania’s Finance Ministry on Thursday sold 94 million lei (EUR21 million) in four-year bonds, less than a quarter of the planned amount, at an average yield of 6.28% a year, central bank da...
Leu Stays In Ranges, Exchange Rate At 4.4635 Vs Euro
The Romanian leu traded in a narrow range in the first half of Thursday session, and the central bank set the reference rate at 4.4635 versus the euro, little changed on the day.