24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Leu Cuts Losses Vs Dollar, Falls To New Low Of 4.5651 Vs Euro
Romania’s leu widened earlier losses against the euro by midday Tuesday and the exchange rate weakened for a third straight session to a new record low of 4.5651 units, from 4.5571 units a d...
Ukraine’s Naftogaz, Rompetrol Sign Cooperation Agreement
Ukrainian state-run oil and gas company Naftogaz Monday said it has signed a cooperation agreement with Romanian oil group Rompetrol with a view to set up a joint venture in Ukraine that wil...
Leu Ends Flat Vs Euro On Low Volumes
Romania’s leu closed flat against the euro amid low volumes Monday, despite the central bank’s fixings falling to new lows versus both the euro and the US dollar.
Romania Sells RON185M 2-Year Bonds; Yield Flat At 6%
The Romanian Finance Ministry has raised only 184.8 million lei (EUR40.5 million) at a two-year bond sale Monday, well below the planned amount, in a bid to keep yields steady.
FinMin: Economy ‘Probably’ Out Of Recession In 2Q
The Romanian economy has “probably” emerged from technical recession in the second quarter, Finance Minister Florin Georgescu said Monday, without going into details.
BNR Pumps RON8.2B Into Market
Romania's central bank Monday injected 8.21 billion lei (EUR1.8 billion) into the market in a one-week repurchase agreement operation at an interest rate of 5.25% a year, equal to the moneta...
Moody’s: Political Uncertainty In Romania May Persist Until Fall
The recent political events in Romania have heightened investors’ concerns regarding the country’s fiscal and economic progress under a EUR5 billion international financing program, Moody’s...
Leu Hits Fresh Record Lows Vs Euro, US Dollar
Romania’s leu edged higher against the euro by midday Monday, with dealers suspecting covert interventions from the central bank, but the exchange rate continued to weaken and fell to a new...
Georgescu: Leu Will Recover Once Political Situation Clarifies
Romania’s leu is likely to return below 4.5 per euro once the political situation returns to normal and citizens have had their chance to vote on whether to dismiss president Traian Basescu...
SIFs' Net Assets Fall 5% To RON6.12B In June
Romania’s five regional investment funds (SIFs) reported combined net assets worth 6.12 billion lei (EUR1.34 billion) in June, down 5.1% from a month earlier.
Proprietatea Fund 1H Net Profit Rises 5.6% To RON574M
Romanian investment fund Fondul Proprietatea (FP.RO) Friday said its net profit rose 5.6% on the year to 573.85 million lei (EUR130.9 million) in the first half, fueled by higher revenue fro...
Leu Ends Down Vs Euro Amid Growing Volumes
Romania’s leu continued its decline against the euro Friday and closed 0.5% weaker on the day, amid above-the-average volumes fueled by euro sales from the central bank to support the nation...