24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Isarescu: Lower Reserve Requirements To Boost Available Liquidity By EUR500M
Romanian central bank’s governor Mugur Isarescu said Tuesday that the bank’s decision to cut its minimum reserve requirements on foreign currency deposits will free around EUR500 million in...
Leu Closes Flat Vs Euro In Dull Trading
Romania’s leu moved in a narrow band against the euro in a quiet market Tuesday to finish the session flat at 4.386/4.387 units, amid low volumes.
Net Foreign Inflows To Romania Capital Market Almost Doubled In 2013
Net foreign capital inflows to the Romanian capital market almost doubled to 814.2 million lei (EUR185.7 million) last year, from RON447.5 million in 2012, the country’s financial supervisor...
BNR Cuts Forex Reserve Requirements, But Keeps Key Rate Steady At 3.5%
Romania’s central bank on Tuesday held its key lending rate unchanged at 3.5% for the third consecutive meeting, in line with market expectations, but lowered the reserve requirements for fo...
First Deliveries Through Romania-Moldova Gas Pipeline Expected By End August
Romania’s natural gas pipeline linking the local city of Iasi to Ungheni city in the neighboring Republic of Moldova is expected to be operational in the second half of August, Energy Minist...
Leu’s Exchange Rate Firms To New 13-Mo High Vs Euro, Of 4.3845
The Romanian leu was stable against the euro by midday Tuesday, while the central bank’s reference appreciated to 4.3845 units, a fresh record high in the past 13 months.
Romania Forex Reserves Rise To EUR31.24B In June
Romanian foreign exchange reserves rose to EUR31.24 billion in June, from EUR30.68 billion a month earlier, central bank data showed Tuesday.
Leu Closes Higher Vs Euro In Quiet Session
Romania’s leu strengthened against the euro Monday to close the session at 4.382/4.384 per euro, in a quiet market with average trading volumes.
Leu Slightly Up Vs Euro, Exchange Rate At 4.387
The Romanian leu gained slightly against the euro by midday Monday and the central bank’s reference strengthened to 4.387 units, from 4.3888 units in the previous session.
GDR Subscriptions Total 19% Of Electrica’s IPO
Romanian energy company Electrica SA sold global depositary receipts (GDRs) equal to around one fifth of the total stock offered at its initial public offering ended June 25, one of the book...
Romania Plans To Sell RON4.1B Treasuries In July
Romania’s Finance Ministry plans to sell state treasuries worth 4.1 billion lei (EUR934 million) in July, up from RON3.95 billion raised a month earlier, ministry data showed Monday.
Bucharest Stocks Close Higher In Quiet Trading
Bucharest stocks closed slightly higher in thin volumes Friday, with financial companies scoring small gains in an otherwise dull session.