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Leu Rises Vs Euro, Exchange Rate At 4.6118
Capital Market

Leu Rises Vs Euro, Exchange Rate At 4.6118

The Romanian leu gained ground versus the euro in mid-trade Friday, and the central bank set the official exchange rate at 4.6118, about 0.2% stronger on the day.

Bogdan Neagu · 27.07.2012 · 13:08 · 1 min
Aerostar Bacau 1H Turnover Up 38% To RON88.1M
Capital Market

Aerostar Bacau 1H Turnover Up 38% To RON88.1M

Romanian aircraft manufacturer Aerostar Bacau (ARS.RO) on Friday reported a 38% turnover increase for the first half of 2012, to 88.1 million lei (EUR20 million) from RON63.6 million in the...

Manuela Panescu · 27.07.2012 · 11:48 · 1 min
A 0.8% Stake In Proprietatea Fund Traded For Almost EUR12M On Bucharest Bourse
Capital Market

A 0.8% Stake In Proprietatea Fund Traded For Almost EUR12M On Bucharest Bourse

A 0.83% stake in Romanian investment fund Fondul Proprietatea (FP.RO) was traded in the second part of Thursday session on the Bucharest Stock Exchange, for 54.9 million lei (EUR11.9 million...

Manuela Panescu · 27.07.2012 · 11:12 · 1 min
Bucharest Stocks Open Up, In Quiet Market
Capital Market

Bucharest Stocks Open Up, In Quiet Market

The Bucharest stock exchange opened up Friday morning, in a quiet market, and amid significantly higher traded volumes than early Thursday.

Manuela Panescu · 27.07.2012 · 11:02 · 1 min
Leu Opens Higher Vs Euro, Touches 4.60 Units
Capital Market

Leu Opens Higher Vs Euro, Touches 4.60 Units

Romania’s leu opened higher versus the euro on Friday, and touched an early high at 4.60 units, in a quiet market on which the leu gains were bigger than the rest of foreign currencies.

Manuela Panescu · 27.07.2012 · 10:52 · 1 min
Capital Market

Political Uncertainty Sends Leu Lower Vs Euro Despite Positive Mood In Region

Romania’s leu weakened slightly against the euro in quiet trade Thursday ahead of a key referendum due July 29 on whether suspended president Traian Basescu will be able to keep his office.

Florentina Dragu · 26.07.2012 · 17:38 · 1 min
Bucharest Bourse Ends In The Green, Amid High Traded Values
Capital Market

Bucharest Bourse Ends In The Green, Amid High Traded Values

The Bucharest stock exchange closed up Thursday, amid high traded values and with the shares of chemical producer Oltchim Ramnicu Valcea (OLT.RO) gaining 6.57% after news the company’s priva...

Manuela Panescu · 26.07.2012 · 17:27 · 2 min
CNVM's 2011 Revenues Rise 27% On Year, Below Expectations
Capital Market

CNVM's 2011 Revenues Rise 27% On Year, Below Expectations

Romania’s securities commission CNVM Thursday said its revenue rose 27% on the year to 52.3 million lei (EUR12.3 million) in 2011, fueled by higher income from equity trading on the Buchares...

Florentina Dragu · 26.07.2012 · 15:37 · 1 min
Leu Down Vs Euro, Exchange Rate At 4.6205
Capital Market

Leu Down Vs Euro, Exchange Rate At 4.6205

Romania’s leu inched lower against the euro by midday Thursday and the central bank’s reference weakened to 4.6205 units, from 4.6186 units a day earlier.

Florentina Dragu · 26.07.2012 · 13:29 · 1 min