Capital Market
Leu Falls Vs Euro, Tests 4.47 Mark
The Romanian leu weakened against the euro in early trade Friday, in a relatively quiet market, but dealers said the central bank might step into the market to prevent a further depreciation...
Antibiotice Takes EUR11.3M Credit Line For Working Capital
Romanian state-run drugmaker Antibiotice Iasi (ATB.RO) took two credit lines of EUR9.5 million and 8 million lei (EUR1.8 million) to finance its working capital, the company said in a statem...
Leu Closes Slightly Down Vs Euro, In Quiet Market
The Romanian leu closed around 4.46 against the euro Thursday, losing slightly from a day before, in a quiet market and amid very low traded volumes.
Bucharest Stocks Close Down, Three Special Deals Raise Traded Value
The Bucharest-listed shares closed down Thursday and the traded value remained low, mirroring investors’ lingering lack of interest.
Romania Sells RON94M 4-Year Bonds At 6.28% Average Yield
Romania’s Finance Ministry on Thursday sold 94 million lei (EUR21 million) in four-year bonds, less than a quarter of the planned amount, at an average yield of 6.28% a year, central bank da...
Leu Stays In Ranges, Exchange Rate At 4.4635 Vs Euro
The Romanian leu traded in a narrow range in the first half of Thursday session, and the central bank set the reference rate at 4.4635 versus the euro, little changed on the day.
Bucharest Stocks Undecided At Opening, On Low Traded Values
The Bucharest stock market opened without a clear trend, on low traded values, as international markets turned to losses.
Leu Slightly Weaker Vs Euro In Early Trade
The Romanian leu traded in a narrow range versus the euro Thursday morning, on very low transferred volumes.
Bankers At ZF Summit: We’ll Wait For Economy To Rebound First Before Granting Loans Again
Bankers in Romania say that even though they have funds, they will wait for the economy and lending demand to rebound first before promoting loan sales more aggressively.