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24658

Florentina Dragu

Translator RO-EN

Fields
Capital Market, Banks-Insurance, Energy
Writing for ZF since
0201
Articles
6.106
Leu Exchange Rate Weakens To 4.4907 Vs Euro
Capital Market

Leu Exchange Rate Weakens To 4.4907 Vs Euro

Romania’s leu traded near 4.49 per euro by midday Tuesday and the exchange rate weakened slightly to 4.4907 units, fro 4.4898 units a day earlier.

Florentina Dragu · 04.09.2012 · 13:24 · 1 min
Romania Re-opens 10-Year Eurobond; Eyes Raising EUR500M
Banks-Insurance

Romania Re-opens 10-Year Eurobond; Eyes Raising EUR500M

Romania’s Finance Ministry Tuesday re-opened a 6.5% euro-denominated bond due June 2018 and set the initial price guidance at 5.25% area, people familiar with the matter said Tuesday.

Florentina Dragu · 04.09.2012 · 12:48 · 1 min
Sources: Budget Deficit Widens Slightly To 1.18% Of GDP In First 8 Months
Macroeconomics

Sources: Budget Deficit Widens Slightly To 1.18% Of GDP In First 8 Months

Romania’s consolidated budget posted a deficit of 7.16 billion lei (some EUR1.6 billion) in the first eight months, equal to 1.18% of the gross domestic product, government sources said Tues...

Florentina Dragu · 04.09.2012 · 12:12 · 1 min
Bucharest Stocks Open Lower Amid Thin Volumes
Capital Market

Bucharest Stocks Open Lower Amid Thin Volumes

Bucharest shares opened slightly lower amid scarce liquidity Tuesday, tracking international markets.

Florentina Dragu · 04.09.2012 · 10:52 · 1 min
Leu Down Vs Euro In Early Trade
Capital Market

Leu Down Vs Euro In Early Trade

Romania’s leu edged lower against the euro Tuesday morning, pushed by higher foreign currency sales from commercial lenders, and traded near 4.5 per euro in early action.

Florentina Dragu · 04.09.2012 · 10:30 · 1 min
INS: Average Net Wage Slightly Up To RON1,556 In July
Macroeconomics

INS: Average Net Wage Slightly Up To RON1,556 In July

Romanian average net salary inched up 0.3% to 1,556 lei (EUR346) in July, from RON1,552 a month earlier, the statistics institute INS said Tuesday.

Florentina Dragu · 04.09.2012 · 10:00 · 1 min
INS: July Industrial Prices +1% On Month, +5.7% On Year
Macroeconomics

INS: July Industrial Prices +1% On Month, +5.7% On Year

Romania’s industrial producer price index increased by 1% in July compared with a month earlier, fueled by higher prices across the board, the country’s statistics institute INS said Tuesday...

Florentina Dragu · 04.09.2012 · 10:00 · 1 min
Adjusted Retail Sales Inch Up 0.6% On Month In July
Macroeconomics

Adjusted Retail Sales Inch Up 0.6% On Month In July

Romanian adjusted retail sales inched up 0.6% in July compared with a month earlier, largely fueled by growing demand for non-food items, the statistics institute INS said Tuesday.

Florentina Dragu · 04.09.2012 · 10:00 · 1 min
Leu Slips Vs Euro Amid Rising FX Demand
Capital Market

Leu Slips Vs Euro Amid Rising FX Demand

Romania’s leu retreated against the euro Monday, pushed down by foreign currency sales, closing 0.5% weaker on the day at 4.488/4.49 units.

Florentina Dragu · 03.09.2012 · 17:08 · 1 min
Romania Sells RON931M 8-Month Bills At 6.1% Average Yield
Banks-Insurance

Romania Sells RON931M 8-Month Bills At 6.1% Average Yield

Romania’s Finance Ministry on Monday sold 931.1 million lei (EUR207 million) in eight-month treasury bills at an average yield of 6.11% a year, slightly higher than at the previous auction.

Florentina Dragu · 03.09.2012 · 16:38 · 1 min
BNR: Romania Forex Reserves Down To EUR30.9B In August
Banks-Insurance

BNR: Romania Forex Reserves Down To EUR30.9B In August

Romanian foreign exchange reserves fell to EUR30.95 billion in August, from EUR32.14 billion a month earlier, central bank data showed Monday.

Florentina Dragu · 03.09.2012 · 14:45 · 1 min
BNR Pumps RON13B Into Market
Banks-Insurance

BNR Pumps RON13B Into Market

Romania's central bank (BNR) Monday added 12.96 billion lei (EUR2.8 billion) to the money market in a one-week repurchase agreement operation, after four consecutive repos at which the bank...

Florentina Dragu · 03.09.2012 · 13:36 · 1 min