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Florentina Dragu

Translator RO-EN

Fields
Capital Market, Banks-Insurance, Energy
Writing for ZF since
0201
Articles
6.106
INS: Adjusted Industrial Output Rises 1.1% On Month In July
Macroeconomics

INS: Adjusted Industrial Output Rises 1.1% On Month In July

Romanian adjusted industrial production inched up 1.1% in July compared with a month earlier, on higher output in most sectors, the country’s statistics institute INS said Tuesday.

Florentina Dragu · 11.09.2012 · 10:00 · 1 min
Romania Inflation Climbs To 3.88% In August
Macroeconomics

Romania Inflation Climbs To 3.88% In August

Romanian consumer prices rose 0.51% on the month in August, on higher prices across the board, while the annual inflation accelerated for a third straight month to 3.88%, the statistics inst...

Florentina Dragu · 11.09.2012 · 10:00 · 1 min
Leu Ends Higher Vs Euro Amid Low Volumes
Capital Market

Leu Ends Higher Vs Euro Amid Low Volumes

Romania’s leu returned to gains in late trade Monday and closed slightly higher against the euro, amid low volumes.

Florentina Dragu · 10.09.2012 · 17:27 · 1 min
Banks-Insurance

Romania Sells RON1.53B 8-Month Bills At 5.98% Average Yield

Romania’s Finance Ministry on Monday sold 1.53 billion lei (EUR341 million) in eight-month treasury bills, more than double the planned amount, at an average yield of 5.98% a year, slightly...

Florentina Dragu · 10.09.2012 · 15:19 · 1 min
BNR Adds RON12.5B To Money Market
Banks-Insurance

BNR Adds RON12.5B To Money Market

Romania's central bank (BNR) Monday injected 12.56 billion lei (EUR2.8 billion) into the money market in a one-week repurchase agreement operation, at an interest rate of 5.25% a year, equal...

Florentina Dragu · 10.09.2012 · 13:54 · 1 min
Leu Loses Gains Vs Euro, Exchange Rate At 4.4792
Capital Market

Leu Loses Gains Vs Euro, Exchange Rate At 4.4792

Romania’s leu lost its earlier gains versus the euro by midday Monday and the central bank’s reference weakened slightly to 4.4792 units, from 4.4741 units in the previous session.

Florentina Dragu · 10.09.2012 · 13:26 · 1 min
Leu Gains Modestly Vs Euro In Early Trade
Capital Market

Leu Gains Modestly Vs Euro In Early Trade

Romania’s leu opened slightly higher against the euro Monday and traded near 4.75 to the euro in early action, amid low volumes.

Florentina Dragu · 10.09.2012 · 10:40 · 1 min
Foreigners’ Holdings In Proprietatea Fund Rise To 57% In August
Capital Market

Foreigners’ Holdings In Proprietatea Fund Rise To 57% In August

Foreign investors increased their holdings in Romanian investment fund Fondul Proprietatea (FP.RO) to 57.06% in August, from 56.31% a month earlier, the fund said in a statement Monday.

Florentina Dragu · 10.09.2012 · 10:39 · 1 min
Romania January-July Trade Gap Widens To EUR5.32B
Macroeconomics

Romania January-July Trade Gap Widens To EUR5.32B

Romania’s trade deficit widened slightly to EUR5.32 billion in the first seven months of 2012, from EUR5.28 billion in the year-earlier period, the country’s statistics institute INS said Mo...

Florentina Dragu · 10.09.2012 · 10:00 · 1 min
Leu Ends Higher Vs Euro In Quiet Trade
Capital Market

Leu Ends Higher Vs Euro In Quiet Trade

Romania’s leu gained modestly versus the euro in a quiet market Friday, closing at 4.4765/4.4785 to the euro.

Florentina Dragu · 07.09.2012 · 17:00 · 1 min
Victor Cionga Appointed General Manager Of Bucharest Stock Exchange
Capital Market

Victor Cionga Appointed General Manager Of Bucharest Stock Exchange

Romania’s securities commission CNVM Friday approved the appointment of Victor Cionga as general manager of the Bucharest Stock Exchange.

Florentina Dragu · 07.09.2012 · 15:05 · 1 min
Leu Exchange Rate Firms To 4.4741 Vs Euro
Capital Market

Leu Exchange Rate Firms To 4.4741 Vs Euro

Romania’s leu traded near 4.47 per euro by midday Friday, while the exchange rate strengthened to 4.4741 units, from 4.4816 units a day earlier.

Florentina Dragu · 07.09.2012 · 13:38 · 1 min