Capital Market
Leu Headed To New Lows Vs Euro As Political Crisis Deepens
Romania’s leu opened slightly higher against the euro Friday, but started to make its way down to a recently-hit record low of 4.65 to the euro as investors turn away from the currency follo...
Romanians Would Rather Pay EUR20,000 Hands Down For A Mercedes ML Than Invest On Stock Exchange
Entrepreneur Octavian Badescu, who at 36 owns several businesses and has a portfolio of several hundred thousand euros on the Romanian and US stock exchanges, says Romanians tend to avoid th...
Bucharest Bourse Ends Down, Fondul Proprietatea Ups Turnover
The Bucharest stock exchange closed in red Thursday impacted by external market corrections and the lack of action from the European Central Bank (ECB) regarding the sovereign debt crisis in...
Leu Hits 4.63 Vs Euro On Constitutional Court Postponement
Romania’s leu widened losses against the euro in late trade Thursday, touching 4.63 units, after the Constitutional Court postponed for September 12 its ruling on the referendum to impeach P...
Leu Exchange Rate Falls To 4.6097 Vs Euro
Romania’s leu traded above 4.6 against the euro by midday Thursday and the exchange rate weakened almost 0.5% to 4.6097 units, from 4.5885 units a day earlier.
Bucharest Stocks Open Undecided, Proprietatea Fund Supports Volumes
The Bucharest-listed stocks opened undecided Thursday morning, most of the trading value being supported by a deal with a 0.18% stake in Proprietatea fund (FP.RO) worth 13 million lei (EUR2....
Leu Opens Down Vs Euro In Quiet Trade
The Romanian leu opened down against the euro Thursday, pushed by higher demand for foreign currency, but investors' interest remains low.
Leu Exchange Rate Seen Towards 4.6 Vs Euro By Yearend
The difficult time the leu has had over the last few weeks is not over yet despite expectations of stabilization after the vote on the referendum to impeach the president.
Swiss Capital Conducted Half Of Share Transactions On Stock Market In July
Brokerage firm Swiss Capital run by Bogdan Juravle brokered 494 million (EUR108 million) worth of stock transactions in July, 46% of the total transactions on the stock market last month.