Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
Romania Sells RON500M 5-Month T-Bills At Record Low Yield
Romania’s Finance Ministry Monday sold a planned 500 million lei (EUR111 million) in 5-month treasury bills, with the yield falling to 1.43%, a record low for this maturity.
Leu Falls Vs Euro, Exchange Rate At 4.4973
The Romanian leu traded near 4.5 against the euro Monday, and the central bank set the official rate at 4.4973 units, the weakest in more than nine months.
Romania Forex Reserves Down By EUR0.3B To EUR32.2B In 2014
Romanian foreign exchange reserves fell by 309 million euro to EUR32.216 billion in 2014, despite a moderate increase in December, central bank data showed Monday.
Energy Stocks Drive Bucharest Bourse Down In First Session of 2015
The Bucharest stock exchange was slightly down Monday, in the first trading day of 2015, as the main energy stocks were losing steam.
Leu Falls Vs Euro In First Trading Day Of 2015
The Romanian leu lost ground against the euro Monday morning, in a “traditional” depreciation trend for the start of the year, according to dealers.
Banks, Romgaz Lift Bucharest Stock Exchange In Last Trading Day Of 2014
The Bucharest stock exchange ended on a positive note Tuesday, in the last trading day of the year, following a good performance of banks' and Romgaz stocks.
Romania’s Budget Posts Minor Deficit After 11 Months
Romania’s consolidated budget turned to a deficit of 0.04% of the gross domestic product after the first 11 months, from a surplus of almost 0.3% of GDP at the end of October, Finance Minist...
Bucharest Stocks Gain More than 1.5%, Lifted By Petrom And Proprietatea Fund
The Bucharest stock exchange gained significantly Monday, rather unaffected by the political crisis in Greece, helped by good performances of OMV Petrom (SNP.RO) and Fondul Proprietatea (FP....
Overdue Loans Fall In November To Lowest Level In 2 1/2 Years, BNR Data Show
The volume of overdue loans in Romania banking system fell in November to 26.8 billion lei (almost EUR6 billion), the lowest level in two years and a half, central bank data showed Monday.
Romanian Executives See Falling Activity In Industry, Constructions Over Winter Season
Romanian managers predict activity in the manufacturing sector will moderately fall over the December-February period compared with the previous three months, with a significant decline expe...
Leu Gains Vs Euro, Exchange Rate At 4.4702
Romania’s leu turned to gains in mid-trade Wednesday as foreign players launched euro sale orders, and the central bank’s reference gained 0.13% to 4.4702 units.
Leu Falls Vs Euro On Low Volumes
The Romanian leu continued its depreciation against the euro at the start of Wednesday session, but the traded volumes were reduced as many European markets are closed for Christmas holidays...