24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Leu Widens Gains Vs Euro, Exchange Rate At 4.5089
Romania’s leu extended earlier gains versus the euro by midday Tuesday and the central bank’s reference strengthened 0.5% to 4.5089 units, from 4.5313 units a day earlier.
Romania January-October Budget Gap Widens Slightly To RON7.2B
Romania’s consolidated budget posted a deficit of 7.2 billion lei (EUR1.58 billion) in the first ten months, equal to 1.19% of the gross domestic product, Finance Ministry data showed Monday...
Leu Ends Higher Vs Euro On Low Volumes
Romania’s leu advanced versus the euro in late trade Monday and closed slightly stronger on the day, amid low volumes.
Romania Raises RON450M In Two Bond Auctions
Romania’s Finance Ministry on Monday sold 450 million lei (EUR99 million) in state paper of various maturities, raising slightly more than planned although yields inched higher.
Romania Prognosis Commission Cuts 2012 GDP Forecast To 0.7%
Romania’s prognosis commission, or CNP, has revised downward its economic growth forecast to 0.7% in 2012, from 1.7% previously, saying it expects a negative contribution from farming output...
Central Bank Caps Repo Again; Ceiling Drops To RON4B
Romania’s central bank capped its repurchasing operation for the eighth consecutive time Monday, limiting the repo ceiling at 4 billion lei (EUR0.88 million), down from RON6 billion a week e...
BCR’s Private Banking Arm Sees 2012 Trading Value At EUR430M
Erste Private Banking Romania, the private banking arm of the country’s largest bank BCR, estimates full-year transactions with investment products of EUR420 to EUR430 million, up from EUR40...
Leu In Ranges Vs Euro, Exchange Rate At 4.5313
Romania’s leu traded in ranges against the euro by midday Monday, while the central bank’s reference strengthened slightly to 4.5313 units, from 4.536 units in the previous session.
Raiffeisen Bank, CEB Sign EUR80M Deal For SME Financing
Raiffeisen Bank Romania, a unit of Austria’s Raiffeisen group, Monday said it has signed a EUR80 million loan agreement with the Council of Europe Development Bank (CEB) to finance small- an...
Mechel Halts Production In Romania, Ukraine Over Weak Demand
Russia’s steel giant Mechel Friday said it has decided to temporarily halt production at its steelmaking facilities in Romania and Ukraine due to weak market demand.
Leu Ends Flat Vs Euro In Quiet Market
Romania’s leu recovered its earlier losses against the euro in late trade Friday and closed flat on the day, amid a quiet market.
Romgaz Joins Lukoil, Vanco In Black Sea Projects
Lukoil Overseas, a unit of Russian giant Lukoil, Friday said it has signed a deal with Romania’s state-run natural gas producer Romgaz to reassign an 8% share in two oil blocks in the Romani...