Capital Market
Ponta: Romanian Leu Back On Track As Of Next Week
Romanian leu exchange rate against the euro will turn to “normal” as of next week, and the leu will gain ground once the political turmoil has ended, Premier Victor Ponta said Monday.
Bucharest Bourse Ends In The Red, Lenders Plunge
The Bucharest stock exchange closed down Monday, mirroring foreign market trend, with the BET-FI index and Romanian lenders BRD (BRD.RO), Banca Transilvania (TLV.RO) and Erste Group Bank (EB...
Leu Hits New Low Of 4.64 Vs Euro, Sheds 1% On Day
Romania’s leu continued its retreat against the euro in late action Monday and touched a fresh record low of 4.64 to the European common currency in the absence of a visible reaction from th...
Leu Continues Fall To Lows Vs Euro, Greenback
Romania’s leu dropped to new historic lows against both the euro and the US dollar for a second straight session Monday, with the exchange rates reaching 4.6009 per euro and 3.7999 per dolla...
Bucharest Stocks Open Slightly Down On Growing Volumes
The Bucharest stock exchange opened slightly down Monday morning, tracking international markets, while volumes rose amid increased appetite from investors.
Axxess Capital MD: Political Changes In Romania Already Brought A Negative Impact
Horia Manda, managing director of Axxess Capital, the company that manages the Romanian-American Enterprise Fund (RAEF), the Balkan Accession Fund (BAF) and the Emerging Europe Accession Fun...
Bucharest-Listed Shares End Down In Tedious Trading
The Bucharest stock exchange closed slightly down Friday, and the overall traded value fell to a two-month low.
Leu Falls Vs Euro Amid Political Uncertainty
Romania’s leu depreciated to new record lows against the euro Friday as investors rushed to buy euros for fear that Prime Minister Victor Ponta might resign over accusations of plagiarism, a...
Leu Hits Fresh All-Time Low Of 4.5848 Vs Euro
Romania’s leu lost earlier gains versus the euro in mid-trade Friday and the exchange rate fell to a new record low of 4.5848 units, from 4.5638 units a day earlier.