Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
Bucharest Stocks Open Down, On Thin Traded Values
The Bucharest bourse opened in red Tuesday, but the traded values were reduced after the Orthodox Easter holidays, with only the financial stocks getting some attention.
Leu Opens Slightly Higher Vs Euro On Low Volumes
The Romanian leu rose slightly against the euro in the first hour of Tuesday trading, after the Orthodox Easter holiday, but the trading volumes remaines low.
IMF Team To Visit Romania April 24-May 7
A delegation of the International Monetary Fund will visit Romania between April 24 and May 7 for the fifth review of a EUR3.5 billion precautionary agreement signed last spring.
Leu Stays In Ranges Vs Euro, Exchange Rate At 4.3683
The Romanian leu traded in a tight range Monday as most European markets are closed for the Easter holiday, and the central bank set a reference rate of 4.3683 units, slightly changed from 4...
Nuclearelectrica Shuts Down Reactor For Repairs
Romanian nuclear power plant operator Nuclearelectrica Friday shut down one of its two reactors due to a technical malfunction in the cooling system.
Leu Exchange Rate At 4.3791 Vs Euro, Just Shy Of All-Time Low
The Romanian leu traded around 4.38 versus the euro in the first part of Friday's session, but the central bank's reference rate was barely moved at 4.3791 units, from 4.3788 units in the pr...
Romania Plans To Sell Up To RON14B Treasuries In 2Q
Romania’s Finance Ministry plans to sell state paper worth between 12 billion lei (EUR2.7 billion) and 14 billion lei (EUR3.2 billion) in the second quarter, half the value of treasury issua...
Isarescu: Leu Is In Equilibrium Area
The Romanian leu is in an equilibrium area, which might move if economic fundamentals are changed, central bank governor Mugur Isarescu said Thursday.
Leu Ends Down, On Foreign Players' Euro Purchases
The Romanian leu traded above 4.38 to the euro in the second part of Thursday session, as foreign players bought the European currency after the local central bank cut the key rate by 25 bas...
Romania Plans To Sell RON4.25B Treasuries In April
Romania’s Finance Ministry plans to sell state paper worth 4.25 billion lei (EUR970.6 million) in April, down from RON7.86 billion sold in the previous month, ministry data showed Thursday.
BNR Profit Five-Times Lower In 2011, At RON300M
Romania’s central bank reported a pretax profit of 301.4 million lei (EUR70 million) in 2011, according to unaudited financial data, almost five times lower than the previous’ year’s result.
Leu Exchange Rate Weakens To 4.3788 Vs Euro, After Central Bank Rate Cut
The Romanian leu lost ground against the euro in mid-trade Thursday, after the central bank cut the key rate by 25 basis points to a record low of 5.25%, the reference rate weakened to 4.378...