24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
NEPI Closes Book Build; Raises EUR100M In Capital
South-African investment fund New Europe Property Investment (NEP.RO) has closed its book build launched earlier Monday after raising approximately 1.4 billion South African rand (some EUR10...
Isarescu Sees Room For Further Rate Cuts
Romania central bank still has room for further interest rate cuts as the inflation continues to decelerate, but a decision in that direction depends mostly on external evolutions, particula...
Romania Central Bank Cuts 2014 Inflation Forecast To 2.2%
Romania’s central bank Monday revised sharply down its inflation forecast to 2.2% this year from 3.3% previously, saying the inflation rate is expected to decelerate at a faster pace than in...
Leu Closes Slightly Down Vs Euro
The Romanian leu weakened slightly against the euro in thin volumes Monday, unaffected by the central bank’s monetary policy decisions.
Romania Rejects All Bids In 5-Year Bonds Sale
Romania’s Finance Ministry has rejected all bids at a 600 million lei (EUR135.3 million) five-year bonds auction Monday, citing high yields.
Raiffeisen Bank, Citigroup Buy Electrica Shares Worth RON76M In Price Stabilization
Raiffeisen Bank and Citigroup purchased shares and global depositary receipts (GDRs) in Romanian energy company Electrica SA (EL.RO) worth an estimated 75.8 million lei (EUR17.1 million) to...
NEPI Seeks To Increase Capital By EUR80M
South-African investment fund New Europe Property Investment (NEP.RO) Monday said it plans to raise about 1.14 billion South African rand (some EUR80 million) through the issue of new shares...
Leu Reverses Gains Vs Euro, Exchange Rate At 4.4336
The Romanian leu lost its earlier gains versus the euro by midday Monday and the central bank’s reference weakened marginally to 4.4336 units, from 4.433 units in the previous session.
Cupru Min To Auction 17,000T Copper Concentrate In September
Romanian state-run copper producer Cupru Min Abrud plans to sell 17,000 tons of copper concentrate at a public auction on September 4, the company said Monday.
BNR Cuts Key Rate By 25 Bps To Record Low Of 3.25%
Romania’s central bank Monday lowered its main monetary policy rate by 25 basis points to an all-time low of 3.25% a year, but kept the minimum reserve requirements unchanged for both leu an...
Leu Ends Lower Vs Euro In Quiet Market
The Romanian leu closed down at 4.433 against the euro Friday, from 4.4265 per euro a day earlier, after a quiet session with average trading volumes.
Romania Forex Reserves Fall To EUR30.9B In July
Romanian foreign exchange reserves fell to EUR30.9 billion in July, from EUR31.24 billion a month earlier, central bank data showed Friday.