Capital Market
Leu Opens Stronger Vs Euro, On Low Volumes
The Romanian leu strenghtened slightly against the euro on Tuesday morning, in a very quiet market, with dealers expecting the central bank to protect the 4.47 mark.
Bucharest Stocks Open Down, Ropharma Deal Lifts Turnover
The Bucharest stock exchange opened down Tuesday, for the fourth day in a row, and the total turnover was lifted by a special deal with Ropharma (RPH.RO) shares in an otherwise quiet market.
Moody's Cuts BRD's Ratings Following SocGen's Downgrade
Moody's Investors Service has taken rating actions on five subsidiaries of Societe Generale (SocGen), including Romania's second-largest lender BRD-Groupe Societe Generale (BRD.RO), followin...
Bucharest Stocks Close Down, For Third Day In A Row
The Bucharest stock exchange closed down Monday for the third consecutive day, in line with European markets and amid very low traded volumes.
Leu Ends Higher Vs Euro In Quiet Market
Romania’s leu strengthened modestly against the euro in a quiet session Monday and closed at 4.465/4.469 units, amid low volumes.
Analysts: Romania Central Bank To Keep Key Rate Unchanged Wednesday
The Romanian central bank is likely to leave its key rate unchanged at a historic low of 5.25% for a second straight time at its monetary policy meeting due June 27, banking analysts said Mo...
Ameropa Raises Stake In Azomures To 96.4%
Swiss grain trader Ameropa Holding AG has increased its stake in Romanian fertilizer producer Azomures (AZO.RO) to 96.43% from roughly 76%, following a buyout offer to shareholders, accordin...
BNR Injects Record RON13.8B Into Market
Romania's central bank Monday added a record 13.85 billion lei (EUR3.1 billion) to the market in a one-week repurchase agreement operation at an interest rate of 5.25% a year, equal to the m...
Leu Exchange Rate Flat At 4.4654 Vs Euro
Romania’s leu edged higher against the euro by midday Monday, while the central bank’s reference strengthened marginally to 4.4654 units, from 4.4655 units in the previous session.