24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Leu Down Vs Euro, Exchange Rate At 4.3483
Romania’s leu edged lower against the euro by midday Tuesday and the central bank’s reference weakened to 4.3483 units, from 4.342 units a day earlier.
Romania Central Bank Hikes 2012 Inflation Forecast To 3.2%
Romania's central bank Monday revised upward its forecast on the year-end inflation to 3.2% in 2012, from 3%, citing less favorable base effects than previously estimated.
Foreigners’ Holdings In Proprietatea Fund Rise To 53.5% In January
Foreign investors increased their holdings in Romanian investment fund Fondul Proprietatea (FP.RO) to 53.48% in January, from 51.5% a month earlier, the fund said in a statement Monday.
Capital Economics: Romania More Vulnerable To Euro Crisis Contagion
Romanian government’s resignation is bound to impact the local financial markets on the short term, leaving the country more vulnerable to contagion from the eurozone unless the situation is...
Romania To Stick To IMF/EU Agreement Until November Elections - Analysts
Romania’s fiscal and economic program agreed with the International Monetary Fund and the European Commission is unlikely to be affected by the government’s resignation and will remain on tr...
Leu Closes Up Vs Euro, Unmoved By Cabinet Resignation
Romania’s leu recouped part of its losses against the euro in late trade Monday, tracking the currencies in the region, and closed modestly higher on the day at 4.343/4.344 units, unfazed by...
Erste: Romania’s Borrowing Costs Shouldn’t Climb After PM Resignation
Romanian government’s resignation shouldn’t drive borrowing costs higher, as long as the country remains committed to its economic and fiscal adjustment program agreed with foreign lenders,...
Eurostat: Romania Government Debt Down To 33.3% Of GDP In 3Q/2011
Romania’s government debt relative to the gross domestic product fell to 33.3% at the end of the third quarter in 2011, from 34.3% of GDP a quarter earlier, official data showed Monday.
Romania Sells RON1.85B 1-Year T-Bills At 6% Average Yield
Romania’s Finance Ministry on Monday sold 1.85 billion lei (EUR427 million) in one-year treasury bills, above the planned amount, while the average yield fell slightly to 5.9% a year.
Leu Exchange Rate Slightly Higher At 4.342 Vs Euro
Romania’s leu traded near 4.34 per euro by midday Monday and the central bank’s reference strengthened to 4.342 units, from 4.3467 units in the previous session.
BNR Injects RON5B Into Money Market In 7-Day Repo
Romania's central bank (BNR) Monday pumped 4.9 billion lei (EUR1.13 billion) into the market in a one week repurchase agreement operation at an interest rate of 5.5% a year, equal to the mon...
SIF Muntenia Gets 0.38% In Erste For Another Batch of BCR Shares
Romanian regional investment fund SIF Muntenia (SIF4.RO) Friday said it will transfer 190.23 million shares of its remaining stake in Banca Comerciala Romana (BCR) to Erste Group Bank (EBS.R...