Senior Editor
Bogdan Neagu
- Fields
- Capital Market, Macroeconomics, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 1.841
Lagarde: IMF’s New Deal With Romania To Include State Companies’ Reforms
Romania has made considerable progress in reforming its fiscal system, the healthcare sector and the energy industry, but it still needs some measures to restructure the state companies that...
Leu Falls Vs Euro, Exchange Rate At 4.4358
The Romanian leu weakened in the first half of Tuesday session, after opening nearly flat, and the central bank set the official exchange rate at 4.4358 per euro.
Leu Opens Nearly Flat Vs Euro On Low Traded Values
The Romanian leu was stable in early trade Tuesday, in a market with extremely low transferred volumes, dealers said.
Leu Ends Slightly Up Vs Euro After Quiet Session
The Romanian leu ended slightly stronger on the day Friday, after a quiet session with low transferred volumes.
Leu Rises Slightly Vs Euro, Exchange Rate At 4.421
The Romanian leu traded in a tight range by mid-day Friday, and the central bank's reference rate strenghthened slightly to 4.421 per euro, from 4.4298 per euro in the previous session.
Bucharest Stocks Rise On Low Traded Values
The Bucharest stock market grew in the first hour of Thursday session, with OMV Petrom (SNP.RO) gaining almost 1% and Antibiotice (ATB.RO) soaring 4.3%.
Leu Rises To 4.41 Vs Euro In Early Trade
The Romanian leu rose against the euro in early trade Thursday, nearing 4.41 units following comments of the US central bank’s chairman.
INS: Romania January-May Trade Deficit Shrinks To EUR2.18B
Romania’s trade deficit narrowed to EUR2.18 billion in the first five months of 2013, from EUR3.67 billion in the year-earlier period, the country’s statistics institute INS said Wednesday.
Industrial Output Shrinks In May
Romanian adjusted industrial production fell 10.7% in May compared with a month earlier, on lower output in all sectors, the country’s statistics institute INS said Wednesday.
Romania Inflation Rises Slightly To 5.37% In June
Romania’s inflation rate rose slightly to 5.37% in June from 5.32% the month before, as a decline in food costs was not enough to offset higher prices in the non-food and services sectors, o...
Leu Closes Slightly Up Vs Euro After Quiet Session
The Romanian leu traded in a narrow range Tuesday and it closed near 4.44 versus the euro, in a market with low transferred volumes.
Bucharest Stocks End Up, Proprietatea Deal Propels Traded Value
The Bucharest stock exchange gained slightly Tuesday, in a session marked by apathy, broken only by a special deal with 3% of Fondul Proprietatea (FP.RO) worth 264.5 million lei (EUR59.5 mil...