24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Isarescu: Controlled Floating Includes Finance Ministry’s FX Sales
Romanian central bank governor Mugur Isarescu on Wednesday reiterated the local money market has a controlled floating exchange rate system, which allows the institution to sell or purchase...
Leu’s Exchange Rate Weakens To 4.4779 Vs Euro
The Romanian leu edged lower against the euro by midday Wednesday and the central bank’s reference weakened to 4.4779 units, from 4.4723 units a day earlier.
Foreign Investments Reach Four-Year High Of EUR2.7B In 2013
Romanian foreign direct investment, or FDI, rose 26.7% on the year to EUR2.72 billion in 2013, the highest level in four years, the central bank said Wednesday.
Romania 2013 Current Account Gap Narrows To EUR1.5B
Romania's current account deficit narrowed sharply to EUR1.5 billion in 2013, from a gap of EUR5.84 billion a year earlier, largely due to a smaller imbalance of the trade deficit, central b...
Leu Steady Vs Euro In Dull Morning Trade
Romania’s leu held steady at around 4.476 against the euro during early trading hours Wednesday, amid an apathetic market.
Romania Adjusted Industrial Output Rises 7.1% In 2013
Romanian adjusted industrial production rose 7.1% in 2013 from a year earlier, on higher output in most sectors, the country’s statistics institute INS said Wednesday.
Inflation Hits New Post Communist Low Of 1.1% In January
Romanian consumer prices rose 0.85% on the month in January, but the annual inflation eased for the third consecutive month to 1.06%, a fresh record low since at least 1990, official data sh...
Erste: BCR Performed As Expected In 2013
Austria’s Erste Group Bank AG (EBS.RO) on Tuesday said its net profit fell eight-fold on the year to EUR60 million, hit by goodwill write-down, but noted its Romanian unit BCR performed as e...
Leu Dips Vs Euro In Calm Trade
Romania’s leu retreated modestly against the euro in thin volumes Tuesday, amid a quiet market.
Garanti Group Romania Swings To Net Profit Of EUR27M In 2013
Garanti Group Romania, a subsidiary of Turkey’s second largest bank Garanti Bankasi, Tuesday reported a consolidated net profit of EUR27 million in 2013, versus losses a year earlier, as its...
Romania Raises RON80M In Non-competitive Bond Auction
Romania’s Finance Ministry on Tuesday raised a planned 80 million lei (EUR17.9 million) at a supplementary non-competitive tender for its June 2017-dated bond reopened yesterday.
Leu In Ranges Vs Euro, Exchange Rate At 4.4723
The Romanian leu moved in a tight range against the euro by midday Tuesday and the central bank’s reference firmed for the second straight day to 4.4723 units, from 4.4754 units in the previ...