24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Leu Ends Higher Vs Euro; Neighbors Weaken
Romania’s leu continued its climb against the euro Tuesday and closed almost 0.6% stronger on the day, amid increased volumes.
Almost 16% In Albalact Sold For RON10.3M In Bucharest
A stake of 15.87% in Romanian dairy maker Albalact (ALBZ.RO) was sold Tuesday on the Bucharest Stock Exchange for 10.35 million lei (EUR2.3 million).
ING: Leu May Push Through 5.00 Vs Euro By Year-end
Romania’s leu is likely to weaken to 4.85 to the euro in the next months and may even push through the psychological threshold of 5.00 against the European common currency by year-end due to...
Leu Exchange Rate Hits 3 ½ Weeks High Of 4.5378 Vs Euro
Romania’s leu extended its earlier gains versus the euro by midday Tuesday, supported by foreign currency sales from the central bank, and the exchange rate won 0.8% on the day to 4.5378 uni...
BCR: Leu To Stay At 4.6 Vs Euro Until Year-end
The Romanian leu is likely to trade at around 4.6 per euro until the end of 2012, due to a longer-than-estimate period of political instability, according to estimations from the country’s l...
Leu Gains 1.4% Vs Euro On Suspected Ctrl Bank Intervention
Romania’s leu climbed against the euro Monday and closed 1.4% stronger on the day, with dealers suspecting covert interventions from the central bank to support the currency.
Govt Increases Number Of Electrica Shares To Be Sold In Bucharest
Romania’s Economy Ministry plans to sell stakes of 39% in each of the three distribution units belonging to state-run power company Electrica, according to a draft government decision.
Romania Sells RON700M 1-Year T-Bills At 5.6% Average Yield
Romania’s Finance Ministry on Monday sold a planned 700 million lei (EUR153 million) in one-year treasury bills at an average yield of 5.66% a year, higher than at the previous auction.
BNR Reports Profit On Currency After Installment Repayment To IMF
Romanian central bank governor Mugur Isarescu Monday said the bank has made profit on currency movements after repaying the first tranche of the country’s EUR12.95 billion loan agreement wit...
Central Bank Caps Repo Loan Amount At RON6B
Romania’s central bank said it has capped at 6 billion lei (EUR1.3 billion) the amount offered at its weekly sale and repurchase agreement operation Monday, the first such restriction since...
Isarescu Says Leu’s Depreciation Vs Euro ‘Reasonable’
Romanian central bank governor Mugur Isarescu Monday said the leu’s depreciation against the euro has been within “reasonable” limits considering the latest developments on the local politic...
Leu’s Exchange Rate Strengthens To 4.574 Vs Euro
Romania’s leu gained substantially versus the euro by midday Monday, helped by suspected covert interventions from the central bank, and the exchange rate strengthened 1.6% to 4.574 units, f...