Capital Market
Bucharest Stocks Open Undecided, On Very Low Volumes
The Bucharest stock exchange opened undecided Friday, amid very low traded values, investors expecting parliament to vote on whether to impeach President Traian Basescu later in the day.
Leu Falls To New Lows Vs Euro Ahead Of Parliament Vote
Romania’s leu fell to its lowest level on the local interbank market Friday morning, trading at 4.505 per euro amid mounting political pressures as the parliament is expected to vote on whet...
Franklin Templeton Buys Petrom Stock Every Day
The emerging market funds managed by Franklin Templeton are buying OMV Petrom (SNP.RO) shares every day, according to the reports of brokerage firms.
Bucharest Stock Exchange Ends Down On Low Volumes
The Bucharest stock exchange closed down Thursday, in line with European markets, and the overall turnover was low, as political uncertainty slowed investments.
Leu Continues To Fall Vs Euro As Political Pressure Increases
Romania’s leu continued to fall against the euro and hit a low of 4.49 units in late session Thursday, amid mounting political pressures after the government moved to impeach President Traia...
ING: Political Games In Romania Serious Enough To Shake The Leu
Romania’s leu is generally rather unfazed by the political games at home, but the recent grab for power by the ruling socialist-liberal coalition is turning into a serious threat to the usua...
Leu Exchange Rate Hits New Record Low Of 4.4796 Vs Euro
Romania’s leu retreated against the euro by midday Thursday and the central bank’s reference weakened to a fresh historic low of 4.4796 units, as investors wait for a parliament vote on Pres...
Romanian Leu Opens Down Vs Euro, In Quiet Market
Romanian leu opened slightly down against the euro in Thursday trade, in a quiet market and amid low traded volumes, with investors expecting Parliament decision on Friday regarding presiden...
Bucharest Stocks Open Undecided, Amid Low Traded Values
The Bucharest stock exchange opened undecided Thursday, amid low traded values, after the ruling coalition announced it would start proceedings to depose President Traian Basescu.