Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
Regina Maria Names New CEO: Ionut Patrahau, Former Deputy GM At Banca Transilvania
Romanian private healthcare service provider Regina Maria named Ionut Patrahau, former deputy general manager of Banca Transilvania (TLV.RO), as its new chief executive officer.
Leu Dips Vs Euro, Exchange Rate At 4.3434
The Romanian leu stayed on a downward trend in the first part of Friday session, and the central bank announced an exchange rate of 4.3434 per euro, about 0.1% weaker on the day.
Tourist Arrivals In Romania Up 12.6% On Year In November
Tourist arrivals in Romania rose 12.6% in November from the year-earlier month, while overnight accommodations were up 9.2% on the year, the statistics institute INS said Friday.
INS: Romania Unemployment Rate Unchanged At 7.3% In November
Romania's unemployment rate was at 7.3% in November, flat on the month, seasonally adjusted data from the statistics institute INS showed Friday.
INS: Romania November Adjusted Retail Sales Down 1% On Month
Romanian adjusted retail sales fell 1% in November compared with a month earlier, on lower food product sales, the statistics institute INS said Friday.
Romania Sells RON1.48B 2-Year Bonds At 6.87% Average Yield
Romania’s Finance Ministry on Thursday sold two-year bonds worth 1.48 billion lei (EUR342 million), double the planned amount, in the first debt sale of the year, at an yield slightly lower...
Romania Central Bank Cuts Key Rate By 25 BPs To 5.75%
Romania’s central bank Thursday lowered its main interest rate by 25 basis points to 5.75% a year, the second cut in a row, in a move to boost bank lending and support economic recovery.
Leu Slides Vs Euro, Exchange Rate At 4.3219
The Romanian leu traded above 4.32 per euro in the first part of Wednesday session, in the first trading day of 2012, and the central bank announced an indicative rate of 4.3219 units, sligh...
BNR Pumps RON524M In 5-Day Repo
Romania's central bank (BNR) Wednesday pumped 524 million lei (EUR121.3 million) into the market in a five-day repurchase agreement operation at an interest rate of 6% a year, equal to the m...
INS: Romania November PPI +0.4% On Month, +7.9% On Year
Romania’s industrial producer price index inched up 0.4% in November from a month earlier, backed by increases in most sectors, the country’s statistics institute INS said Wednesday.
Romania Forex Reserves Rise To EUR33.2B In 2011
Romanian foreign exchange reserves rose by almost EUR1.5 billion in December, to EUR33.19 billion, following inflows from the European Commission and a third tranche of a World Bank loan, ce...
Leu Falls Vs Major Currencies In Last Trading Day Of 2011, Exchange Rate At 4.3197 Vs Euro
The Romanian leu fell against the euro Friday, in the last trading day of 2011, and the central bank set the reference rate at 4.3197 units, 0.5% weaker on the day.