24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Leu Slides Vs Euro After S&P Keeps Romania On Junk Rating
Romania’s leu weakened toward 4.33 against the euro in late trade Thursday after Standard & Poor’s kept its “junk” rating of BB+ on the country’s debt, deflating hopes of an upgrade to inves...
Romanian Banking System 1Q Net Profit Rises Fourfold On Year To RON520M
Romanian banks reported a four-fold rise in their combined net profit to 520 million lei (EUR120 million) in the first quarter, central bank data showed.
S&P Affirms Romania Ratings At 'BB+/B' With Stable Outlook
Standard & Poor's Ratings Services Thursday affirmed its 'BB+/B' long- and short-term foreign and local currency sovereign credit ratings on Romania, with stable outlook.
ANOFM: Romania Jobless Rate Dips To 5.29% In April
Romania's unemployment rate inched down to 5.29% in April, from 5.58% a month earlier, the country’s employment agency ANOFM said Thursday.
Romania Sells Debt Worth RON1.3B At Two Auctions; Yields Hit Record Lows
Romania’s Finance Ministry sold debt worth 1.3 billion lei (EUR300 million) at two auctions Thursday, in line with the initial target, with yields falling to record-lows amid a positive sent...
Leu Exchange Rate Weakens To 4.3249 Vs Euro
Romania’s leu retreated against the euro by midday Thursday and the central bank’s reference weakened 0.3% to 4.3249 units, from 4.3117 units a day earlier.
Banca Transilvania Sells EUR10.5M Convertible Bonds Via Preference Right Bid
Romanian lender Banca Transilvania (TLV.RO) Thursday said its seven-year convertible bonds sale drew roughly EUR10.5 million from shareholders during a preference right bid ended May 8.
Leu Closes Slightly Up Vs Euro In Quiet Market
Romania’s leu moved in a tight range against the euro Wednesday and closed slightly stronger on the day, amid a quiet market.
Isarescu: Romanian Economy Could Grow More Than Projected In 2013
A good farm output could boost Romanian economic growth above the central bank’s forecast of 1.5%-1.6% in 2013, the bank’s governor Mugur Isarescu said Wednesday.
Leu-Euro Fluctuations Of 5%-6% Are Reasonable, Says Isarescu
Romania’s central bank is keeping a close eye to the leu’s evolution against the euro, but movements of 5% to 6% on either side are “reasonable,” the bank’s chief Mugur Isarescu said Wednesd...
Isarescu: Lenders Should Cut Rates To Boost Demand
Romanian central bank governor Mugur Isarescu said Wednesday that the institution’s move to cut interest rates on its standing facilities should reflect in lower loan rates on the interbank...
Leu In Ranges Vs Euro, Exchange Rate At 4.3117
The Romanian leu was mostly stable against the euro by midday Wednesday and the central bank’s reference strengthened 0.15% to 4.3117 units, from 4.3182 units a day earlier.