Banks-Insurance
Leu Falls Vs Euro On International Turbulences
The Romanian leu fell significantly against the euro at opening Thursday, trading above 4.29 units, unlike other currencies in the region, but the market was relatively quiet with low transf...
BNR: Romania FDI Down 17.3% To EUR1B In First Half
Romanian foreign direct investment, or FDI, fell to EUR1.01 billion in January to June, down 17.3% on the year, preliminary central bank data showed Thursday.
Romania's Current Account Gap Narrows To EUR2.6B In 1H
Romania's current account deficit narrowed 28.6% to EUR2.6 billion in the first six months, from a gap of EUR3.6 billion in the year-earlier period, due to lower trade deficit and higher tra...
Swiss Franc Strengthening Brings Special Measures At OTP
The rocketing Swiss franc, which climbed beyond the RON4 threshold, pushed OTP Bank to take unprecedented steps to support clients: a one-percentage point interest cut over periods of six mo...
Romaero Plans To Take EUR3.5M Loan
Romanian aircraft repairs and maintenance company Romaero Bucuresti (RORX.RO) plans to borrow 15 million lei (EUR3.5 million) to finance current operations and refinance loans taken between...
Leu Dips Vs Euro On Negative Sentiment
Romania’s leu weakened against the euro Wednesday, tracking the currencies in the region, and closed at 4.2665/4.27 units, from 4.2615/4.2635 a day earlier.
Leu Falls To 4.0865 Vs Swiss Franc, Trades At 4.262 Vs Euro
Romania’s leu traded in ranges against the euro and the central bank’s reference strengthened slightly to 4.262 units, from 4.267 units a day earlier.
Leu Down Vs Euro In Early Trade On Low Volumes
Romania’s leu opened higher against the euro Wednesday morning, but started to retreat shortly after, amid low volumes.
Surprise Fall In Romania Inflation Rate To 4.85% In July
Romanian consumer prices fell for the second straight month in July, as food prices continued to decline, while the annual inflation saw a drop to 4.85%, from 7.9% a month earlier, official...