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Leu In Ranges Vs Euro, Exchange Rate At 4.378
Capital Market

Leu In Ranges Vs Euro, Exchange Rate At 4.378

Romania’s leu traded in narrow ranges against the euro by midday Tuesday and the central bank’s reference gained modestly to 4.378 units, from an all-time low of 4.3794 units a day earlier.

Florentina Dragu · 20.03.2012 · 13:18 · 1 min
Government OKs Bill On Ratification Of EU Fiscal Stability Treaty - Sources
Banks-Insurance

Government OKs Bill On Ratification Of EU Fiscal Stability Treaty - Sources

The Romanian Government has approved the draft law proposing the ratification of the European Union’s new fiscal stability treaty by the Parliament, people close to the matter told MEDIAFAX...

Ioana Tudor · 20.03.2012 · 13:09 · 1 min
Capital Market

Leu Opens Flat Vs Euro, On Low Volumes

The Romanian leu opened nearly flat against the euro Tuesday, in a quiet market with low traded volumes.

Andrei Cîrchelan · 20.03.2012 · 10:56 · 1 min
Treasury Head Cristian Sporis Has EUR1 Million In Liquid Assets
Banks-Insurance

Treasury Head Cristian Sporis Has EUR1 Million In Liquid Assets

Cristian Sporis, who recently put his banking career on hold to become a secretary of state with the Finance Ministry, where he is in charge of the Treasury, has accumulated about EUR1 milli...

Radu Bostan · 20.03.2012 · 00:00 · 1 min
Capital Market

Leu Closes Slightly Higher Vs Euro In Quiet Market

Romania’s leu gained modestly against the euro in a calm session Monday, with dealers suspecting the central bank has stepped into the markets to prop the national currency.

Florentina Dragu · 19.03.2012 · 17:20 · 1 min
EU Commissioner: Romania Must Attract EUR30M In EU Funds Weekly To Get Same Allowance In 2014-2020
Banks-Insurance

EU Commissioner: Romania Must Attract EUR30M In EU Funds Weekly To Get Same Allowance In 2014-2020

Romania must attract nearly EUR30 million in European Union funds weekly by the end of 2012 to get the same EU financing in the 2014-2020 interval as in the previous financing period, the Eu...

Ecaterina Craciun · 19.03.2012 · 16:01 · 1 min
Romania Sells RON1B 1-Year T-Bills At 5.3% Average Yield
Banks-Insurance

Romania Sells RON1B 1-Year T-Bills At 5.3% Average Yield

Romania’s Finance Ministry on Monday sold a planned 1 billion lei (EUR228 million) in one-year treasury bills, at an average yield of 5.31% a year, slightly higher than at the previous aucti...

Florentina Dragu · 19.03.2012 · 14:59 · 1 min
Romania, International Consortium Sign Brokerage Deal For Romgaz IPO
Capital Market

Romania, International Consortium Sign Brokerage Deal For Romgaz IPO

Romanian Economy Ministry has signed a brokerage agreement to sell 15% in state-run natural gas producer Romgaz Medias, the ministry said in a statement Monday.

Florentina Dragu · 19.03.2012 · 13:31 · 1 min
Leu Exchange Rate Hits New All-Time Low Of 4.3794 Vs Euro
Capital Market

Leu Exchange Rate Hits New All-Time Low Of 4.3794 Vs Euro

Romania’s leu edged lower against the euro by midday Monday, but the central bank’s reference weakened to a new record low of 4.3794 units, from 4.3783 units Friday.

Florentina Dragu · 19.03.2012 · 13:29 · 1 min