24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Romanian Open-End Fund Assets Up 3% To RON7.6B In April
The combined net assets of Romanian open-end investment funds rose 3.1% to 7.62 billion lei (EUR1.69 billion) in April, from RON7.4 billion a month earlier, the Romanian Association of Asset...
Romania Sells RON1.34B 4-Year Bonds At 6.09% Average Yield
Romania’s Finance Ministry on Thursday sold 1.34 billion lei (EUR303 million) in four-year bonds, above the planned amount, at an average yield of 6.09% a year, central bank data showed.
Leu Down Vs Euro, Exchange Rate At 4.4165
Romania’s leu edged lower against the euro by midday Thursday and the central bank’s reference weakened to 4.4165 units, from 4.416 units a day earlier.
Analysts See Romania's Annual Inflation Easing To 2.2% In April
Romanian annual inflation rate has likely eased further to a fresh low of 2.2% in April, according to a median forecast of the country’s association of financial and banking analysts AAFBR.
Leu Falls Vs Euro; Central Bank Intervention Suspected
Romania’s leu weakened against the euro Wednesday, mirroring the currencies in the region, with dealers suspecting a covert intervention from the central bank to prop the national currency.
Leu Widens Loss Vs Euro, Exchange Rate Falls To 4.416
Romania’s leu retreated against the euro by midday Wednesday, pushed down by higher demand for foreign currency, and the central bank’s reference weakened 0.3% to 4.416 units, from 4.4032 un...
Romanian Privatization Calendar Sidetracked, Says IMF
The planned privatizations of state companies in Romania have been sidetracked following a series of unsuccessful auctions and the country should now focus on a shorter list of six enterpris...
Multiple VAT Rates Will Only Lead To Fiscal Evasion, Says IMF
The International Monetary Fund wouldn’t recommend Romania charges different sales tax rates for different types of business activities, because the measure will likely lead to tax evasion,...
IMF: Romanian Economy On Track, Except For Government Arrears
Romania met most of its quarterly targets under a EUR3.5 billion loan agreement with the International Monetary Fund, excepting in the general government arrears sector, IMF mission head Jef...
OMV Petrom To Shut Down Petrobrazi Refinery For Upgrades
Romania’s largest oil company OMV Petrom (SNP.RO) will shut down production at its Petrobrazi refinery for a six-week overhaul, the company said in its financial report Wednesday.
Leu Down Vs Euro In Early Trade
Romania’s leu opened lower against the euro Wednesday, tracking the currencies in the region amid speculations that financially-troubled Greece could be pushed out of the eurozone.
OMV Petrom 1Q Net Profit Soars To RON1.38B
Romanian leading oil company OMV Petrom (SNP.RO) Wednesday said its net profit after minorities rose 65% on the year to a record 1.385 billion lei (EUR381 million) in the first quarter, help...