24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Leu Widens Loss Vs Euro, Exchange Rate At 4.3877
Romania’s leu extended earlier losses against the euro by midday Monday and the central bank’s reference weakened 0.6% to 4.3877 units, from 4.3606 units in the previous session.
Franklin Templeton Denied Extra Fees From Proprietatea Fund Deals
Romania’s securities commission CNVM has decided not to endorse an addendum to the administration contract Franklin Templeton has signed with the local investment fund Fondul Proprietatea (F...
Leu Firms Vs Euro After Bond Auction
Romania’s leu strengthened against the euro in late trade Thursday, helped by growing foreign currency sales from non-residents, and closed 0.25% higher on the day at 4.361/4.362 to the euro...
Romania May Draw Warning From EU Over Rasdaq Market Status
The unclear status of Romania’s Rasdaq market could draw a warning from the European Commission, the head of the Bucharest stock exchange said Thursday.
Romania Sells RON1.1B 10-Year Bonds; Yield Falls To 5.71%
Romania’s Finance Ministry on Thursday sold 1.1 billion lei (EUR251 million) in 10-year treasury bonds, above the planned amount, with the average yield dropping to 5.71% a year, the lowest...
BCR Sees Romania 2012 Budget Gap At 3.3% Of GDP, Above EU Requirement
Romania’s consolidated general budget posted a deficit in ESA95 terms of 3.3% of the gross domestic product in 2012, above the 3% of GDP limit agreed with the European Commission, according...
BCR: Romania 2013 GDP Growth Forecast Unchanged At 1.1%
Romanian leading bank BCR Thursday maintained its forecast on the country’s economic growth unchanged at 1.1% in 2013, but said that a better-than-expected harvest and good retail and servic...
Agricola Bacau 2012 Sales Up 8% On Year To RON592.5M
Romanian agri-food group Agricola Bacau Thursday said its consolidated sales rose 8% on the year to 592.5 million lei (roughly EUR133 million) in 2012, fueled by higher chicken sales.
Leu In Ranges Vs Euro, Exchange Rate At 4.3724
Romania’s leu moved in a tight range against the euro by midday Thursday and the central bank’s reference advanced marginally to 4.3724 units, from 4.3727 units a day earlier.
Leu Ends Lower Vs Euro In Quiet Market
Romania’s leu retreated against the euro in a quiet market Wednesday, closing about 0.4% weaker on the day at 4.372/4.373 units.
Romania 2012 GDP Growth Revised Down To 0.2%
Romania’s government has revised downward its estimate on the 2012 economic growth to 0.2% from 0.7% previously, according to the country’s Fiscal Strategy for 2013-2015.
Leu Widens Loss Vs Euro, Exchange Rate At 4.3727
Romania’s leu extended earlier losses against the euro by midday Wednesday and the central bank’s reference weakened for the fourth consecutive session to 4.3727 units, from 4.3571 units in...