Capital Market
Bucharest Bourse Closes Slightly Up, On Low Volumes
The Bucharest stock exchange closed up 0.62% Friday, while the overall traded value remained low, with investors not yet willing to take risks.
Leu Ends Down Vs Euro Amid Growing Volumes
Romania’s leu continued its decline against the euro Friday and closed 0.5% weaker on the day, amid above-the-average volumes fueled by euro sales from the central bank to support the nation...
Leu Exchange Rate Falls To New Lows Vs Euro, Greenback
The Romanian leu weakened against the major foreign currencies by midday Friday and the central bank’s fixings fell to new record lows against both the euro and the greenback, amid increased...
Bucharest Stocks Open Higher, In Low Values
The Bucharest stock exchange opened higher Friday, amid low traded values and a quiet market.
Leu Opens Slightly Down Vs Euro, Touches New Low At 4.57 Units
Romania’s leu edged lower against the euro Friday morning, touching a fresh new low at 4.57 units.
Conservative Strategy Pays Off As Money Market And Bond Funds Beat Bank Deposits
Money market and bond funds have been the most profitable funds in the past year, with yields of up to 8%, while equity funds, which subject investors to a high risk, posted losses because o...
Bucharest Bourse Closes Flat, Special Deals Lift Turnover
The Bucharest-listed shares closed flat Thursday, and the overall traded value was lifted by three special deals.
Leu Hits New Record Low Of 4.543 Vs Euro
Romania’s leu fell to a fresh record low of 4.543 per euro in interbank trading Thursday and closed 0.4% weaker on the day, amid growing volumes.
Leu Widens Loss Vs Euro, Exchange Rate At 4.5252
Romania’s leu continued to retreat against the euro by midday Thursday and the central bank’s reference weakened to 4.5252 units, from 4.5237 units a day earlier.