24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Leu Edges Down Vs Euro In Sleepy Session
Romania’s leu moved in a tight range against the euro in thin volumes Thursday to finish the session at 4.3895/4.391 units, slightly weaker from 4.387/4.3875 units a day earlier.
Romania Retail Sales Rise At 2nd Fastest Pace In EU In May
Romanian retail sales rose 10.9% in May from the year-ago month, the second highest increase in the European Union, official data showed Thursday.
Leu’s Exchange Rate Dips To 4.3878 Vs Euro
The Romanian leu held steady near 4.39 to the euro in the first half of the trading session Thursday and the central bank set a reference rate for the local currency of 4.3878 units, modestl...
Fitch Cuts Garanti Bank Romania’s Ratings; Outlook Stable
Fitch Ratings on Wednesday said it has downgraded its long- and short-term ratings on Garanti Bank Romania to 'BB+' and 'B', from 'BBB-' and 'F3', respectively, following a similar revision...
Leu Ends Flat At 4.387 Vs Euro
The Romanian leu closed flat at 4.387/4.3875 against the euro in a lackluster session Wednesday, in line with its evolution in the past days.
Leu Flat Vs Euro, Exchange Rate At 4.3867
The Romanian leu traded flat against the euro in the first half of the session Wednesday and the central bank set a reference rate for the local currency at 4.3867 per euro, slightly weaker...
Leu Barely Changed Against Euro In Morning Trading
The Romanian leu barely moved against the euro during early trade hours Wednesday, with investors showing little interest in the local market.
Producer Prices Fall 0.3% On Month, But Rise 0.8% On Year
Romania’s industrial producer price index inched down 0.3% on average in May compared with a month earlier, on lower prices in most sectors, the country’s statistics institute INS said Wedne...
Romania Economy Grew Slightly Faster Than First Thought In 1Q
The Romanian economy expanded at a slightly faster pace than previously estimated in the first quarter, largely driven by higher exports and improved contribution from value added tax collec...
INS: Adjusted Retail Sales Up 1.9% On Month In May
Romanian adjusted retail sales rose 1.9% in May from the earlier month, on higher sales in most sectors, the statistics institute INS said Wednesday.
Isarescu: We Need More Reforms To Sustain Social Security Tax Cut, Create Jobs
Romanian central bank’s governor Mugur Isarescu said Tuesday that the authorities should consider additional measures besides the recent cut in the social security tax rate to help create mo...
Romania Central Bank Sees No Danger Of Deflation
The Romanian central bank sees no threat of deflation because the average annual inflation remains at comfortable levels and the recent decline in the annual rate could be reversed on the me...