24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Isarescu: BNR Won’t Mimic Hungary’s Response To Stronger Swiss Franc
Romanian central bank is not looking to impose Hungary-like measures on Swiss franc lending, despite rising interest rates, central bank’s governor Mugur Isarescu said Monday.
Popa, BNR: Lower Key Rate Inopportune
Romanian central bank will not lower its main interest rate over the next period, because a more relaxed policy would be inopportune at the moment, central bank’s deputy governor Cristian Po...
Romania Economy Vulnerable To Possible Capital Outflows, Says Isarescu
A potential outflow of foreign capital would increase Romanian economic vulnerability to a higher degree compared with the situation in 2007-2008, as the interbank market has grown deeper an...
Leu Trades At 4.2442 Vs Euro, Falls To New Low Vs Swiss Franc
Romania’s leu gained modestly versus the euro in mid trade Monday, while the central bank’s reference weakened slightly to 4.2442 units, from 4.2419 units in the previous session.
Isarescu: Romanian Economic Growth Could Top 1.5% In 2011
Romanian economy is likely to grow by more than 1.5% in 2011, fueled by good farm output, central bank governor Mugur Isarescu said Monday.
BNR Cuts 2011 Inflation Forecast To 4.6%
Romania’s central bank (BNR) Monday revised downward its inflation forecast to 4.6% from 5.1%, citing improved economic outlook and “substantial decline” of volatile prices.
Leu Recoups Vs Euro On US Jobs Data
Romania’s leu reversed early losses against the euro in late trade Friday, in line with the currencies in the region, amid restored confidence after a US jobs report showed employers hired m...
Intesa Sanpaolo Bank Romania 1H Assets Up 20% On Year
Intesa Sanpaolo Bank Romania Friday reported a 20% increase in its first half assets to 3.63 billion lei (EUR1=RON4.2447), from EUR3.02 billion in the year-earlier period.
ANOFM: Romania Jobless Rate Steady At 4.8% In July
Romanian unemployment rate reached 4.77% in July, barely changed from 4.78% a month earlier, the country’s employment agency ANOFM said Friday.
Court Orders Hidroelectrica To Resume Power Delivery To 2 Companies
Romania’s state-run hydropower generator Friday announced it has resumed energy delivery to two companies whose contracts were terminated in 2010, after the companies won a first court battl...
Boagiu Says Energy Companies Overcharge CFR
Romanian Transport Minister Anca Boagiu Friday lashed out at power companies, accusing them of overcharging the state-run rail company CFR SA, whose total electricity bill has reached 1.98 b...
Leu Trades At 4.2419 Vs Euro, Hits New Record Low Vs Swiss Franc
Romania’s leu recovered slightly against the euro by mid-trade Friday, but the central bank’s reference weakened over 0.4% on the day to 4.2419 units, amid rising aversion to risk after weak...