Curs BNR — 13.11.2026 EUR 5,3498 USD 4,8428 GBP 6,4023

24658

Florentina Dragu

Translator RO-EN

Fields
Capital Market, Banks-Insurance, Energy
Writing for ZF since
0201
Articles
6.106
Capital Market

Leu Opens Flat Vs Euro In Quiet Market

Romania’s leu traded a touch below 4.41 per euro in early action Friday, amid a quiet market.

Florentina Dragu · 04.05.2012 · 10:33 · 1 min
Romania, IMF To Resume Review Talks Friday - Sources
Macroeconomics

Romania, IMF To Resume Review Talks Friday - Sources

Romania’s newly named government officials will meet Friday with delegations of the International Monetary Fund and the European Commission for formal talks on the country’s progress under a...

Florentina Dragu · 04.05.2012 · 10:12 · 1 min
INS: Adjusted Retail Sales +4.5% On Year In First Quarter
Retail&Consumer

INS: Adjusted Retail Sales +4.5% On Year In First Quarter

Romanian adjusted retail sales rose 4.5% in the first quarter of 2012 compared with the year-earlier period, on growing consumption in all sectors, the statistics institute INS said Friday.

Florentina Dragu · 04.05.2012 · 10:03 · 1 min
Capital Market

Leu Shrugs Off Losses Vs Euro, Ends 0.3% Higher

Romania’s leu strengthened against the euro in a quiet market Thursday, recovering part of its recent losses in the wake of the government’s collapse last week.

Florentina Dragu · 03.05.2012 · 18:07 · 1 min
Garanti Bank Borrows $15M From IFC
Banks-Insurance

Garanti Bank Borrows $15M From IFC

The International Finance Corporation (IFC), the private lending arm of the World Bank, has extended a $15 million credit line to Romanian Garanti Bank to extend its trade finance business.

Florentina Dragu · 03.05.2012 · 18:07 · 1 min
Moody's: Romania’s 2nd Government Collapse In 3 Months Endangers Reforms
Macroeconomics

Moody's: Romania’s 2nd Government Collapse In 3 Months Endangers Reforms

Romania’s second government collapse in three months will likely deepen investors concern about policy and reform implementation, making borrowing conditions more challenging for the new gov...

Florentina Dragu · 03.05.2012 · 17:54 · 1 min
BCR: Romanian Leu Undervalued Despite Improving Fundamentals
Banks-Insurance

BCR: Romanian Leu Undervalued Despite Improving Fundamentals

Romania’s largest bank Banca Comerciala Romana Thursday said the leu is likely to trade inside a range of 4.3-4.5 per euro for most of 2012 and estimated the national currency is currently u...

Florentina Dragu · 03.05.2012 · 16:17 · 1 min
GfK: Romanian Economic Expectations Improve, But Consumer Spending Falters
Macroeconomics

GfK: Romanian Economic Expectations Improve, But Consumer Spending Falters

Romanian economic expectations have improved slightly in the first three months of 2012 from a quarter earlier, but consumers are more restrained with their money, a survey from market resea...

Florentina Dragu · 03.05.2012 · 12:34 · 1 min
Capital Market

Leu Gains Vs Euro In Early Trade

Romania’s leu edged higher against the euro in early action Thursday and near 4.4 units, amid a quiet market.

Florentina Dragu · 03.05.2012 · 11:56 · 1 min
INS: Tourist Arrivals Up 11.3% On Year In First Quarter
Macroeconomics

INS: Tourist Arrivals Up 11.3% On Year In First Quarter

Tourist arrivals in Romania rose 11.3% in the first quarter from the year-earlier period, while overnight accommodations were up 6.1% on the year, the statistics institute INS said Thursday.

Florentina Dragu · 03.05.2012 · 10:03 · 1 min
Romania March PPI +1% On Month, +5.8% On Year
Macroeconomics

Romania March PPI +1% On Month, +5.8% On Year

Romania’s industrial producer price index inched up 1% in March from a month earlier, largely fueled by a 1.3% increase in manufacturing prices, the country’s statistics institute INS said T...

Florentina Dragu · 03.05.2012 · 10:01 · 1 min
Banks-Insurance

Erste: Romania Central Bank To Leave Rates On Hold Until 2013

The Romanian central bank is likely to keep its key rate unchanged at 5.25% until 2013, after political uncertainly prompted the bank to interrupt its monetary policy easing, Austrian lender...

Florentina Dragu · 02.05.2012 · 18:35 · 1 min