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Bucharest Stocks Open Higher, In Low Volumes
Capital Market

Bucharest Stocks Open Higher, In Low Volumes

The Bucharest stock exchange opened higher Wednesday morning, in low traded volumes, while European Bourses were undecided in early trade.

Manuela Panescu · 25.07.2012 · 11:20 · 1 min
Romanian Leu Opens Higher Vs Euro, On Alleged Central Bank Intervention
Capital Market

Romanian Leu Opens Higher Vs Euro, On Alleged Central Bank Intervention

Romania’s leu gained ground versus the euro in early trade Wednesday, at 4.6150 units, and dealers suspect the central bank’s indirect intervention.

Manuela Panescu · 25.07.2012 · 11:19 · 1 min
Capital Market

Leu Depreciation Erodes Profits Of Listed Companies

Most analysts on the capital market believe the serious depreciation of the leu against the main currencies over the last few months will generally have a negative impact on the companies’ r...

Radu Bostan · 25.07.2012 · 00:00 · 3 min
Leu Recovers Slightly Vs Euro; Ctrl Bank Intervention Suspected
Capital Market

Leu Recovers Slightly Vs Euro; Ctrl Bank Intervention Suspected

Romania’s leu returned below 4.63 per euro in late trade Tuesday, from a record low of 4.65 to the euro earlier, and closed 0.2% stronger on the day, with dealers suspecting a covert interve...

Florentina Dragu · 24.07.2012 · 17:47 · 1 min
Bucharest Bourse Ends Slightly Down, Proprietatea Fund Supports Volumes
Capital Market

Bucharest Bourse Ends Slightly Down, Proprietatea Fund Supports Volumes

The Bucharest stock exchange closed slightly down Tuesday, amid average volumes mainly supported by a deal with a 0.73% stake in Romanian investment fund Fondul Proprietatea (FP.RO).

Manuela Panescu · 24.07.2012 · 17:37 · 1 min
A 0.7% Stake In Proprietatea Fund Traded For EUR10M On Bucharest Bourse
Capital Market

A 0.7% Stake In Proprietatea Fund Traded For EUR10M On Bucharest Bourse

A 0.73% stake in Romanian investment fund Fondul Proprietatea (FP.RO) was traded mid-session Tuesday on the Bucharest Bourse, for 46.7 million lei (EUR10 million).

Manuela Panescu · 24.07.2012 · 16:48 · 1 min
Leu Drops To Fresh Lows Vs Euro, Dollar For Third Straight Day
Capital Market

Leu Drops To Fresh Lows Vs Euro, Dollar For Third Straight Day

Romania’s leu weakened to new lows against both the euro and the US dollar for the third consecutive day Tuesday, with investors turning away from the risky eastern European currency ahead o...

Florentina Dragu · 24.07.2012 · 13:41 · 1 min
Bucharest Stocks Open Undecided, Amid Low Volumes
Capital Market

Bucharest Stocks Open Undecided, Amid Low Volumes

The Bucharest stock exchange opened undecided Tuesday morning, amid low traded volumes and mirroring Western European markets.

Manuela Panescu · 24.07.2012 · 11:00 · 1 min
Leu Hits An All-Time Low At 4.6460 Units Vs Euro In Early Trade
Capital Market

Leu Hits An All-Time Low At 4.6460 Units Vs Euro In Early Trade

Romania’s leu hit another all-time low against the euro Tuesday morning, at 4.6460 units, amid very low traded volumes and euro buying orders.

Manuela Panescu · 24.07.2012 · 10:36 · 1 min