24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Central Bank Pumps RON1.5B In 7-Day Repo
The central bank Friday injected 1.5 billion lei (EUR354 million) into the money market in a seven days repurchase agreement operation at an interest rate of 6.25% a year, equal to the monet...
Leu Up Vs Euro, Exch Rate Hits 3-Week High At 4.2449
Romania’s leu extended early gains versus the euro in mid trade Friday and the central bank’s reference strengthened almost 0.2% to 4.2449 units, the highest rate in three weeks.
Overdue Loans Rise 1.7% To RON19.7B In July
Romanian overdue private loans inched up 1.7% on the month to 19.74 billion lei (EUR4.6 billion) in July, equal to 9.1% of the total lending, according to central bank data.
Leu Ends Barely Higher Vs Euro In Quiet Market
Romanian leu traded in narrow ranges versus the euro in a sleepy session Thursday and closed almost unnoticeably higher at 4.2505/4.252 units, from 4.254/4.2565 units a day earlier.
Transport Ministry To Select Advisor For Tarom IPO By End September
Romanian Transport Ministry will select by end September the legal advisor and broker for the sale of a 20% stake in state-run airline Tarom.
Finance Ministry Sells RON226.5M 10-Year Bonds; Yield Rises To 7.6%
Romania’s Finance Ministry on Thursday sold 226.5 million lei (EUR53.2 million) in 10-year treasury bonds, below the planned amount, while the average yield rose to 7.59% a year.
Leu In Ranges Vs Euro, Exch Rate At 4.2525
Romanian leu traded near 4.25 per euro by mid session Thursday and the central bank’s reference weakened slightly to 4.2525 units, from 4.2488 units a day earlier.
Raiffeisen Bank International 1H Profit In Romania Falls To EUR40M
Austria’s Raiffeisen Bank International AG Thursday said its after tax profit in Romania fell 23% to EUR40 million in the January-June period, hurt by higher expenses and lower revenue from...
Bucharest Stocks Rise For Fourth Day, Volumes Stay Down
Bucharest shares continued to rally for the fourth straight day Thursday, amid low volumes, with investment fund Fondul Proprietatea (FP.RO) covering over two-thirds of the morning transacti...
Leu Opens Down Vs Euro In Quiet Trade
Romanian leu edged lower against the euro Thursday morning, amid low volumes, trading near 4.25 units for the first part of the session.
Online Retailer eMag 1H Sales Rise 52% To EUR62M
Romanian IT&C online retailer eMag Thursday reported a 52% increase in its first-half sales to EUR62 million, helped by new portfolio additions and an overall growth in the local online mark...
Romania Sets Up Emergency Oil Stocks To Avoid EU Penalties
Romanian government Wednesday approved an ordinance to set up the mandatory stocks of crude oil and petroleum products required in order to avoid infringement proceedings from the European C...