Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
Leu Ends Slightly Down Vs Euro After Apathetic Trading
The Romanian leu stayed below 4.375 to the euro in late trade Wednesday, closing slightly weaker on the day after an apathetic session with very low transferred volumes.
Leu Slides Vs Euro, Exchange Rate At 4.3737
The Romanian leu traded in narrow ranges against the euro in the first part of Wednesday sesssion, and the central bank's indicative weakened 0.1% to 4.3737 units.
Leu Opens Flat Vs Euro In Quiet Market
The Romanian leu traded around 4.37 against the euro in the first hour of Wednesday's session, but the transferred volumes were reduced.
Bucharest Stocks Open Down, In Line With Foreign Markets
Bucharest-listed stocks opened down, following the international trend, but the interest for trading was reduced.
Economic Outlook Improves For March-May - INS Survey
Romanian executives expect growth in all economic sectors in March to May 2012, compared to the previous three months, according to a survey released Wednesday by the country’s statistics bu...
INS: Romania Housing Permits Down 12.4% On Year in February
Romania issued 1,999 buildings permits for residential projects in February, up 15.4% on the month but down 12.4% on the year, the statistics institute INS said Wednesday.
BNR Seen Cutting Key Rate To 5.25% - Poll
Romania's central bank is likely to cut its key rate by 25 basis points to 5.25% a year at its next monetary policy meeting March 29, amid a declining inflation and subdued domestic demand,...
Leu Loses Ground On High Euro Purchase Orders
The Romanian leu fell against the euro Tuesday, on high orders for hard currency purchases made by foreign investors, banking dealers said.
Mechel Resumes Smelting Production At Otelu Rosu Plant
Russian metals and mining group Mechel OAO resumed on March 24 smelting production at Ductil Steel Otelu Rosu plant in Romania, the company said Tuesday.
Leu Weakens Vs Euro, But Exchange Rate Moves Little To 4.3688
The Romanian leu lost ground against the euro in mid-trade Tuesday, but the central bank's exchange rate was little moved to 4.3688 units, from 4.3691 units a day before.
INS: Romania 4Q ‘11 Jobless Rate Rises To 7.7%
Romania's unemployment rate rose to 7.7% in the last quarter of 2011, from 7.2% in the third quarter, the country’s statistics institute INS said Tuesday.
Romania Private Lending -0.7% In February, To RON222.3B
Romanian private lending fell 0.7% in real terms to 222.28 billion lei (EUR50.8 billion) in February compared with the previous month on the back of a decrease in leu-denominated loans, cent...