24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Leu Recoups Vs Euro On Higher FX Sales
Romania’s leu returned to gains in late trade Monday and closed 0.3% stronger at 4.323/4.325 per euro, from 4.3365/4.338 per euro in the previous session.
Romania Sells RON3.46B 1-Year T-Bills At 6.21% Average Yield
Romania’s Finance Ministry on Monday sold 3.46 billion lei (EUR797 million) in one-year treasury bills, more than double the planned amount, while the average yield fell slightly to 6.21% a...
ING: Pre-Election Spending To Mitigate Romanian GDP Drop In 1H
Romania might be able to fend off some of the external pressure following the economic downturn in the euro zone in the first half of 2012, aided by pre-election spending, but the boost will...
Leu Weakens Vs Euro, Exchange Rate At 4.3347
Romania’s leu lost early gains versus the euro by midday Monday and the central bank’s reference weakened slightly to 4.3347 units, from 4.3322 units in the previous session.
BNR Pumps RON3.56B Into Market
Romania's central bank Monday injected 3.56 billion lei (EUR824 million) into the market in a one week repurchase agreement operation at an interest rate of 5.75% a year, equal to the moneta...
SIF Transilvania, SIF Moldova 2011 Profits Hit Record After Erste Deal
Romanian regional investment funds SIF Transilvania (SIF3.RO) and SIF Moldova (SIF2.RO) posted record net profit in 2011, after they sold their shares in lender Banca Comerciala Romana (BCR)...
Open-End Fund Assets Up 23% To RON6.78B In 2011
The combined net assets of Romanian open-end investment funds rose 23% to 6.78 billion lei (EUR1.57 billion) in 2011, from RON5.48 billion a year earlier, the Romanian Association of Asset M...
Fondul Proprietatea Net Profit Rises To RON543.8M In 2011
Romanian investment fund Fondul Proprietatea (FP.RO) Friday said its net profit rose 19.2% to 543.82 million lei (EUR125.5 million) in 2011, from RON456.18 million a year earlier.
Leu Hits The Brakes Vs Euro Amid Reports Of Eurozone Rating Cuts
Romania’s leu traded north of 4.33 per euro in late session Friday, amid a negative sentiment in the region following media reports that Standard & Poor's is set to cut its ratings on severa...
Leu Widens Gains Vs Euro, Exchange Rate At 4.3322
Romania’s leu extended early gains versus the euro by midday Friday and the central bank’s reference strengthened roughly 0.3% to 4.3322 units, from 4.3446 units a day earlier.
Overnight Interbank Rates Hit Lowest Level Since Financial Crisis
Romanian overnight interest rates on the interbank market dropped to 1.71%-2.21% a year Thursday, amid liquidity surplus, reaching the lowest level since the global financial crisis first hi...
Raiffeisen Bank, Sister Co. Could Get EUR50M In EIB Money
The European Investment Bank is considering lending up to EUR50 million to Romanian financial institutions Raiffeisen Bank and Raiffeisen Leasing, the EIB said.