Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
Leu Loses 0.6% Vs Euro, Exchange Rate At 4.3312
The Romanian leu extended early losses against the euro in mid-trade Tuesday, and the central bank computed a reference rate of 4.3312 units, 0.6% weaker on the day.
Raiffeisen: No Goodwill Booked For Romania
Raiffeisen Bank International on Monday said it acquired at a "very low cost" its Romanian subsidiary and since there is no goodwill booked, there is no need for write-downs.
Leu Ends Slightly Down Vs Euro, On Low Volumes
The Romanian leu traded in a narrow range throughout the Monday session and it closed slightly down versus the euro, on low traded volumes.
Romania Sells RON116.8M 1-Year T-Bills At 6.8% Average Yield
Romania’s Finance Ministry on Monday sold 116.8 million lei (EUR27.1 million) in one-year treasury bills, significantly lower than the plan, at an average yield of 6.83% a year, higher than...
Leu Edges Up Vs Euro, Exchange Rate At 4.3053
The Romanian leu rose against the euro in mid-trade Monday, and the official exchange rate strengthened 0.2% to 4.3053 units, from 4.3146 units Friday.
Bucharest Shares Fall In Early Trade, Erste Down 15%
Bucharest-listed shares opened down Monday and accentuated their falls after half an hour, while Erste Group Bank (EBS.RO) lost 15% as it announced a package of extraordinary charges that wi...
Bucharest Stocks Open Up, SIFs Continue Recovery
The Bucharest-listed shares were up in early trade Thursday, with the five regional investment funds (SIFs) adding 2% to yesterday's gains, after a 7% slump Tuesday.
Bucharest Bourse Closes Down Amid Fears Of Greek Debt Default
Bucharest-listed shares closed down Friday, as the sentiment on the international markets worsened on news of a planned default for half of Greece's debt.
Leu Ends Almost Flat Vs Euro, In Quiet Market
The Romanian leu ended Friday at around 4.305 to the euro, almost flat on the day, after a silent session, dominated by news on the potential deafult of Greece.
Romanian Leu Trades In Narrow Ranges, Exchange Rate At 4.3072 Vs Euro
The Romanian leu traded in narrow ranges in the first half of Friday session, staying around 4.31 per euro, and the central bank's reference rate rose insignificantly to 4.3072 units, from 2...
Bucharest Shares Open Flat, SIFs Rise Slightly
Bucharest-traded stocks were almost flat in early trade Tuesday, with the five regional investment funds SIFs posting some gains, as international markets calmed down, after yesterday's stro...
Bucharest Stocks Open Down, In Sync With Foreign Markets
The Bucharest bourse followed the evolution of international exchanges in early trade Monday, as gloomy US jobs data and renewed sovereign debt fears weigh on stock markets.