24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Leu Exchange Rate Falls To New Lows Vs Euro, Greenback
The Romanian leu weakened against the major foreign currencies by midday Friday and the central bank’s fixings fell to new record lows against both the euro and the greenback, amid increased...
APIA: First-Half Passenger Car Sales Down 17% On Year To 35,950 Units
Romanian new passenger car sales fell 16.8% on the year to 35,950 units in January through June, the Automotive Manufacturers and Importers Association, or APIA, said Friday.
Foreign Direct Investment Falls To EUR465M In January-May
Romanian foreign direct investment, or FDI, fell 45.2% on the year to EUR465 billion in January through May, central bank data showed Friday.
BNR: Current Account Gap Narrows To EUR1.92B In January-May
Romania's current account deficit narrowed to EUR1.92 billion in the first five months, from a gap of EUR2.46 billion a year earlier, largely due to a higher current transfer surplus, centra...
Transelectrica Takes Another Non-Refundable Loan For Investments
Romanian state-owned power grid operator Transelectrica (TEL.RO) Thursday said it has signed a financing agreement for up to 50 million lei (EUR11 million) to upgrade its Tulcea Vest power s...
Leu Hits New Record Low Of 4.543 Vs Euro
Romania’s leu fell to a fresh record low of 4.543 per euro in interbank trading Thursday and closed 0.4% weaker on the day, amid growing volumes.
Isarescu: Romania Needs More Investments
Romanian central bank governor Mugur Isarescu Thursday said the economy needs more investments to fuel growth and stepping up European fund absorption is one way to attract the necessary cap...
Isarescu Concerned Over High Yields On Forex Deposits
Romania’s central bank Thursday voiced concerns that commercial lenders might not be able to offer high yields on foreign currency deposits without taking losses in the medium term.
BNR: Economy Unlikely To Benefit From A Weaker Leu
The Romanian economy is unlikely to benefit from a weaker leu, because local production capacity is insufficient to sustain a market less reliant on imports, the central bank’s head Mugur Is...
Leu Widens Loss Vs Euro, Exchange Rate At 4.5252
Romania’s leu continued to retreat against the euro by midday Thursday and the central bank’s reference weakened to 4.5252 units, from 4.5237 units a day earlier.
ArcelorMittal Says Deals With Hidroelectrica Perfectly Legal
ArcelorMittal Galati, a unit of steel giant ArcelorMittal, Thursday said its electricity contracts with Romanian state-run hydropower generator Hidroelectrica comply with the local legislati...
Leu Ends Flat Vs Euro On Higher Volumes
Romania’s leu traded near 4.523 per euro in late session Wednesday and closed roughly flat on the day, amid growing volumes.