Capital Market
Leu Ends Lower Vs Euro, Unlike Neighbors
Romania’s leu lost ground against the euro in late trade Friday and closed slightly weaker on the day, amid increased volumes.
Romania Plans To Sell RON2.25B Treasuries In July
Romania’s Finance Ministry plans to sell state paper worth 2.25 billion lei (EUR505 million) in July, above the RON1.4 billion amount sold a month earlier, ministry data showed Friday.
Leu In Ranges Vs Euro, Exchange Rate At 4.4494
Romania’s leu traded near 4.45 per euro around noon Friday, and the central bank’s reference strengthened slightly to 4.4494 units, from 4.4508 units a day earlier.
Leu Higher Vs Euro In Early Trade, Amid EU’s Summit Decisions
The Romanian leu was higher against the euro in early trade Friday, amid European Union’s summit decisions on easing up financing conditions for Spain and Italy.
OMV Petrom Sells LPG Unit To Crimbo Gas International
Romania’s largest oil company OMV Petrom (SNP.RO) said Friday it sold subsidiary Petrom LPG to Crimbo Gas International, exiting the liquid petroleum gas bottling and distribution market.
Bucharest Stocks Gain Ground, On High Traded Values
The Bucharest stock exchange opened up Friday, amid high traded values.
Bucharest Bourse Ends Up, Fondul Proprietatea Lifts Traded Value
The Bucharest stock exchange inched up Thursday, but the overall turnover was low, highlighting investors’ cautiousness in anticipation of market tension relief solutions from European leade...
Leu Closes Slightly Higher Vs Euro In Quiet Market
Romania’s leu advanced modestly against the euro in late trade Thursday, closing slightly higher on the day, amid low volumes.
Leu Reverses Gains Vs Euro, Exchange Rate At 4.4508
Romania’s leu lost its early gains versus the euro by midday Thursday and the central bank’s reference weakened to 4.4508 units, from a five-week high of 4.4441 units a day earlier.