Banks-Insurance
Leu Ends Flat Vs Euro For Third Day In A Row
The Romanian leu closed flat against the euro Monday, for the third consecutive session, on a balanced market without any significant shifts.
Romania Sells RON2.5B 2-Year Bonds At 6.36% Average Yield
Romania’s Finance Ministry on Monday sold two-year bonds worth 2.54 billion lei (EUR342 million), more than triple the planned amount, as yields fell by 0.5 percentage points from the previo...
Leu Stays In Tight Ranges, Exchange Rate At 4.3535 Vs Euro
The Romanian leu traded in narrow ranges against the euro in the first part of Monday's session, and the central bank's reference rate was virtually unchanged at 4.3535 units, from 4.3533 un...
BNR Pumps RON2.8B In 7-Day Repo
Romania's central bank Monday injected 2.84 billion lei (EUR652 million) into the market in a one week repurchase agreement operation at an interest rate of 5.5% a year, equal to the monetar...
Isarescu Tells Cash-Strapped Banks To Deal With It
Recent statements made by Romania’s central bank governor Mugur Isarescu caused a stir among bankers, as the central bank showed reluctance to extend the deadline for cash injections or acce...
Ungureanu Appoints Dan Suciu As Government Spokesman
Romanian Prime Minister Mihai Razvan Ungureanu on Monday appointed Dan Suciu, editor-in-chief of business TV channel the Money Channel, to the position of Government spokesperson.
Leu Opens Flat Vs Euro, On Low Volumes
The Romanian leu opened roughly flat against the euro Monday, on low traded volumes, as players showed little interest in the local currency.
Romanian Banks' External Debt Stood At EUR23B In 2011
Bank external debt at the end of 2011 was at a level comparable to that at the end of 2010. Long-term debt decreased by around EUR300 million, but short-term debt climbed significantly. This...
Leu Ends Flat Vs Euro In Sleepy Session
Romania’s leu continued to trade in a tight range against the euro amid an apathetic market Friday and closed flat on the day at around 4.355 units.