Banks-Insurance
How Many Mutual Funds Yielded Higher Gains Than Bank Deposits
About 30 of the 63 mutual funds on the local market managed to beat bank deposit interests in the first half, which stood at 3.25% a year, even though many of the funds that posted lower yie...
Average Net Wage In BNR Three Times Higher Than Romania's Average Salary
The average monthly net salary in Romania's central bank, or BNR, was around 5,000 lei (EUR1,180), higher than the average gain in commercial banks and three times higher than the net wage i...
Leu Ends Slightly Down Vs Euro On Low Volumes
Romania’s leu edged lower against the euro in late trade Monday, closing the day at 4.4505/4.4525 to the euro, amid low volumes.
BNR Pumps RON12B Into Market
Romania's central bank Monday injected 11.97 billion lei (EUR2.7 billion) into the market in a one-week repurchase agreement operation at an interest rate of 5.25% a year, equal to the monet...
Leu In Ranges Vs Euro, Exchange Rate Flat At 4.4496
Romania’s leu traded near 4.45 per euro by midday Monday, amid low volumes, while the central bank’s reference reached 4.4496 units, barely changed from 4.4494 units in the previous session.
BNR: Forex Reserves Fall To EUR32.96B In June
Romanian foreign exchange reserves fell to EUR32.96 billion in June, from EUR33.52 billion a month earlier, central bank data showed Monday.
Leu Opens Slightly Down Vs Euro, In Quiet Market
The Romanian leu was lower against the euro in early trade Monday, below the 4.45 threshold, in a quiet market and amid very low traded volumes.
Businesspeople Urge Government To Build Highways, Back Local Companies, End Political Bickering
In the two months since being instated, Romania’s new government has mainly stood out through political disputes and failed to come up with any concrete plans to restart the economy, at a ti...
Insurers: Private Health Insurance Deductions Should Be Clearly Stipulated In Tax Code
Insurers and providers of private healthcare in Romania think that stipulating fully deductible private health insurance in the Tax Code is key to the continuation of reform in the healthcar...