24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Leu Stable Vs Euro In Early Trade
Romania’s leu was roughly flat against the euro in early action Tuesday, amid low appetite from investors.
INS: Adjusted Industrial Output Flat On Month In October
Romanian adjusted industrial production remained unchanged in October compared with a month earlier, held back by lower output in energy and mining sectors, the country’s statistics institut...
Romania Annual Inflation Eases To 4.56% In November
Romania’s annual inflation eased for a second straight month in November, data from the statistics institute INS showed Tuesday.
Erste: Leu Could Weaken Beyond 4.6 Vs Euro If Govt Formation Stalls
The Romanian leu could weaken beyond the 4.6-unit threshold against the euro if a government is not formed soon, Austria’s Erste Group Bank AG said in a report Monday.
Raiffeisen Sees Tougher Negotiations Between Romania, IMF Over Follow-up Deal
Romania should expect tougher negotiations at next year’s discussions for a follow-up agreement with the International Monetary Fund, considering that the general fiscal framework announced...
Leu Dips Vs Euro On Low Volumes
Romania’s leu retreated against the euro in late trade Monday and closed slightly weaker on the day, amid low volumes.
Romania Plans Single Authority To Oversee Financial Institutions
Romania’s government plans to dismantle a series of regulatory authorities in the financial sector and set up a single decision-making institution, called the Financial Supervisory Authority...
Fitch: Romania Government Should Be Able To Pass Decisions More Easily
The projected outcome of Romania’s parliamentary elections will guarantee the government the necessary support to pass bills more easily, but the absence of a strong opposition could also le...
Romania Sells RON500M 1-Year Bills At 6.33% Average Yield
Romania’s Finance Ministry sold a planned 500 million lei (EUR110.3 million) at a one-year bills auction Monday, at an average annual yield of 6.33%, marginally higher than at the previous t...
BNR Maintains Repo Cap At RON4B; Demand Five-Times Higher
Romania’s central bank capped its repurchasing operation for the tenth consecutive time Monday, while keeping the repo ceiling unchanged at 4 billion lei (EUR0.88 million).
Leu In Ranges Vs Euro, Exchange Rate At 4.5339
Romania’s leu traded in a narrow range against the euro in the first half of the session Monday and the central bank’s reference gained modestly to 4.5339 units, from 4.5349 units in the pre...
Foreigners’ Holdings In Proprietatea Fund Up To 58% In November
Foreign investors increased their holdings in Romanian investment fund Fondul Proprietatea (FP.RO) to 58.06% in November, from 57.67% a month earlier, the fund said in a statement Friday.