Capital Market
Romania Sells RON700M 1-Year T-Bills At 5.6% Average Yield
Romania’s Finance Ministry on Monday sold a planned 700 million lei (EUR153 million) in one-year treasury bills at an average yield of 5.66% a year, higher than at the previous auction.
Leu’s Exchange Rate Strengthens To 4.574 Vs Euro
Romania’s leu gained substantially versus the euro by midday Monday, helped by suspected covert interventions from the central bank, and the exchange rate strengthened 1.6% to 4.574 units, f...
Bucharest Stocks Open Up, Amid Low Traded Values
The Bucharest-listed stocks opened higher Monday morning, amid low traded values, and with Erste Bank (EBS.RO) being the top-traded issuer.
Leu Opens Slightly Higher Vs Euro, In Low Volumes
Romania’s leu inched higher against the euro on Monday, hitting an early high at la 4.6220/4.6235, amid investors’ risk aversion and in very low traded volumes.
Bucharest Bourse Ends Slightly Up, In Quiet Market
The Bucharest stock exchange closed up Friday, tracking the main European markets, with investment fund Fondul Proprietatea (FP.RO) covering over half of the bourse’s liquidity.
Leu Ends Lower Vs Euro But Recovers Some Ground
Romania’s leu reversed part of its earlier losses against the euro in late trade Friday, but closed slightly weaker on the day, immune to a positive sentiment in the region following strong...
Leu Hits Fresh Record Low Of 4.6481 Vs Euro
Romania’s leu continued its retreat against the euro in mid trade Friday, despite covert interventions from the central bank, and the exchange rate weakened 0.8% on the day to 4.6481 units,...
Businesspeople In Romania Call On Trade Register To Switch To Online Fee Payment System
The Association of Businesspeople in Romania, or AOAR, on Friday said it is absolutely necessary to introduce an online system for the payment of fees toward the National Trade Register Offi...
Bucharest Stocks Mostly Lower In Early Action
Bucharest shares were mostly lower Friday morning, amid low volumes, while international markets recovered some of yesterday’s losses after the European Central Bank failed to take clear ste...