24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
BNR Caps Repo For Eleventh Time
Romania’s central bank (BNR) capped its repurchasing operation for the 11th consecutive time Monday, while keeping the repo ceiling unchanged at 4 billion lei (EUR0.89 million).
Leu Exchange Rate Firms To 3-Month High Of 4.4675 Vs Euro
Romania’s leu advanced against the euro by midday Monday amid investor optimism following Prime Minister Ponta’s reappointment, and the central bank’s reference strengthened to 4.4675 to the...
Leu Ends Flat Vs Euro As Volumes Decline
Romania’s leu retreated against the leu in late session Friday as trade volumes declined and closed flat on the day at 4.475/4.478 units.
ING: Positive Markets Could Make Romania Less Compliant With IMF Requirements
The recent uptick on Romania’s financial markets might make the government more reluctant to accept difficult reforms requested by the International Monetary Fund, and this could complicate...
Leu Exchange Rate Touches 3-Week High Of 4.4747 Vs Euro
Romania’s leu reversed earlier losses against the euro by midday Friday, helped by foreign currency sales from foreigners, and the central bank’s reference won 0.7% on the day to 4.4747 unit...
Leu Inches Lower Vs Euro In Early Action
Romania’s leu edged lower against the euro Friday morning and traded slightly below 4.48 units amid low volumes.
Transelectrica Cuts 2012 Pretax Profit Forecast To RON40M
Romanian state-run power grid operator Transelectrica (TEL.RO) estimates a pretax profit of 40 million lei (EUR8.87 million) in 2012, down from RON52 million previously predicted, according...
Leu Gains 1% Vs Euro Amid Growing Volumes
Romania’s leu strengthened against the euro Thursday, supported by foreign currency sales from non-residential players, and closed more than 1% higher on the day at 4.475/4.476 units.
Romania Sells Debt Worth RON2.1B At Two Bond Auctions
Romania’s Finance Ministry sold 2.07 billion lei (EUR460 million) at two bond auctions Thursday, well above the planned amount, at average annual yields of 6.44% and 6.57%, respectively.
Leu Climbs To 4.49 Vs Euro On Higher FX Sales
Romania’s leu continued to advance versus the euro Thursday afternoon, supported by hard currency sales from foreigners, and moved below the 4.5-unit threshold amid a positive sentiment in t...
Romania Budget Deficit Widens To 1.8% Of GDP In November
Romania’s consolidated budget deficit widened to 1.8% of the gross domestic product at the end of November, from a gap of 1.19% of GDP a month earlier, government sources said Wednesday.
Leu Exchange Rate Hits 2-Week High Of 4.5075 Vs Euro
Romania’s leu gained further against the euro by midday Thursday and the central bank’s reference strengthened 0.5% to 4.5075 units, the highest in two weeks.