24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Fondul Proprietatea Buys Back 0.07% Stake For RON5M
Romanian investment fund Fondul Proprietatea (FP.RO) last week bought back 0.07% of its shares on the Bucharest bourse for 5 million lei (EUR1.2 million), the fund said in a statement Tuesda...
Leu Ends Slightly Lower Vs Euro In Quiet Market
Romania’s leu retreated slightly against the euro amid a quiet session Tuesday, and closed 0.2% weaker on the day at 4.171/4.173 units.
Popa, BNR: Stronger Swiss Franc Unlikely To Push NPLs Higher
Romanian banking sector is not likely to experience a substantial increase in non-performing loans following the leu’s depreciation against the Swiss franc, central bank deputy governor Cris...
Greece’s Rating Cut Won’t Affect Leu Much - BNR Deputy Governor
The Romanian leu will not come under serious pressure after Standard & Poor’s cut Greece to the world’s lowest debt grade, but spillovers from the financially-troubled nation are not entirel...
BCR Lends Posta Romana RON40M For Working Capital
Postal company Posta Romana Tuesday said will borrow 40 million lei (EUR23.1 million) from lender Banca Comerciala Romana, or BCR, to help finance working capital.
Leu In Ranges Vs Euro, Exchange Rate Weakens To 4.1732
The leu traded in ranges against the euro in mid session Tuesday, while the central bank’s reference weakened 0.4% on the day at 4.1732 units, a new low since March 17.
Central Bank Says Leu Trades At Fair Value Vs Euro
The leu is “fairly” valued against the euro, central bank deputy governor Cristian Popa said Tuesday, dismissing recent market talk about the currency’s overvaluation.
Foreign Direct Investment Falls To EUR444M In Jan-April
Romanian foreign direct investment, or FDI, fell to EUR444 million in January to April, from EUR623 million in the year-earlier months, the central bank said Tuesday.
Romania Jan-April Current Account Gap Narrows To EUR1.15B
The current account deficit narrowed 46.4% to EUR1.15 billion in the first four months, from a gap of EUR2.15 billion in the year-earlier period, due to lower trade deficit and higher transf...
Popa, BNR: I Envy Daily Mail For Its Sources
Romanian central bank BNR doesn’t publish segmented data regarding worker remittances from abroad, deputy governor Cristian Popa said Friday, in reply to a story run by British newspaper Dai...
Leu Closes Slightly Higher Vs Euro In Quiet Trade
Romania’s leu lost early gains versus the euro in late trade Friday, but managed to close a touch higher on the day, amid a quiet session.
Romania’s EUR1.5B Bond Appealed Mostly To British, US Investors
Romania’s EUR1.5 billion eurobond issue that closed Thursday appealed mostly to investors in the UK, Ireland and the US, which bought together 50% of the debt, bankers familiar with the matt...