Capital Market
Securities Commission OKs First Local ETF On Bucharest Bourse
Romania's National Securities Commission (CNVM) on Monday authorized a request from investment fund manager Vanguard Asset Management to set up the first Exchange Traded Fund on the Buchares...
Open-End Fund Assets Rise To RON7.92B In June
The combined net assets of Romanian open-end investment funds inched up 1% to 7.92 billion lei (EUR1.78 billion) in June, from RON7.83 billion a month earlier, the Romanian Association of As...
Leu's Exchange Rate Gains Slightly To 4.5206 Vs Euro
Romania’s leu traded near 4.52 per euro by midday Tuesday and the central bank’s reference strengthened slightly to 4.5206 units, from an all-time low of 4.52725 units a day earlier.
Bucharest Stocks Open Undecided, SIF Muntenia’s Shares Surge On Board Changes
The Bucharest stock exchange opened undecided Tuesday, amid low traded values and with the shares of regional investment fund SIF Muntenia (SIF4.RO) increasing 6.34% after the fund replaced...
Leu Slightly Up Vs Euro In Early Trade
Romania’s leu edged higher against the euro amid low volumes Tuesday morning, with dealers suspecting a covert intervention from the central bank to keep the national currency in check.
Romania’s Borrowing Costs Climb Amid Political Turmoil, EU Debt Worries
The tensed situation in European financial markets, alongside political disruption at home have driven Romania’s borrowing costs higher, an official of the Finance Ministry said Monday.
Bucharest Bourse Closes Up, Bond Deals Lift Traded Value
The Bucharest stock exchange ended up Monday, and the overall turnover was lifted by three bond deals.
Leu Ends Slightly Higher Vs Euro, But Political Uncertainties Persist
Romania’s leu lost part of its earlier gains versus the euro in late trade Monday, but closed slightly higher on the day, with investors worrying that the recent political tensions could end...
Romania Sells RON700M 1-Year T-Bills At 5.5% Average Yield
Romania’s Finance Ministry on Monday sold a planned 700 million lei (EUR154.6 million) in one-year treasury bills, but the average annual yield rose to 5.53%, from 5.29% previously, amid pol...