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Leu Trades Flat Vs Euro In Quiet Market
Capital Market

Leu Trades Flat Vs Euro In Quiet Market

The Romanian leu opened around 4.465 against the euro Tuesday and traded close to this level in the first hour of trading, in a quiet market, dealers said.

Bogdan Neagu · 12.06.2012 · 11:12 · 1 min
Cocor On The Verge Of Foreclosure By BCR
Real Estate

Cocor On The Verge Of Foreclosure By BCR

Cocor Bucuresti (COCR.RO), owner of the eponymous shopping center in downtown Bucharest, might be foreclosed on by BCR, according to a report sent to the Bucharest Stock Exchange on Monday.

Radu Bostan · 12.06.2012 · 00:00 · 1 min
Bucharest Bourse Closes Up 1.7%, In Line With Foreign Markets
Capital Market

Bucharest Bourse Closes Up 1.7%, In Line With Foreign Markets

The Bucharest stock exchange closed up 1.76% Monday, amid positive international sentiment, and the overall traded value was lifted by transactions with Fondul Proprietatea (FP.RO) shares an...

Ioana Tudor · 11.06.2012 · 17:44 · 1 min
Leu Ends Modestly Higher Vs Euro In Quiet Market
Capital Market

Leu Ends Modestly Higher Vs Euro In Quiet Market

Romania’s leu traded near 4.46 per euro in late session Monday, amid low volumes, and closed slightly higher on the day at 4.462/4.463 units.

Florentina Dragu · 11.06.2012 · 16:51 · 1 min
Romania Sells RON507M 1-Year T-Bills At 5.3% Average Yield
Banks-Insurance

Romania Sells RON507M 1-Year T-Bills At 5.3% Average Yield

Romania’s Finance Ministry on Monday sold 506.8 million lei (EUR113.6 million) in one-year treasury bills, half the planned amount, as the average yield rose to 5.29% a year from a record lo...

Florentina Dragu · 11.06.2012 · 15:50 · 1 min
Leu Widens Gains Vs Euro, Exchange Rate At 4.4594
Capital Market

Leu Widens Gains Vs Euro, Exchange Rate At 4.4594

Romania’s leu extended early gains versus the euro by midday Monday and the central bank’s reference strengthened to 4.4594 units, from 4.461 units in the previous session.

Florentina Dragu · 11.06.2012 · 13:27 · 1 min
Capital Market

Bucharest Stocks Back In Black After Spain’s Bank Deal

Bucharest stocks returned to growth Monday morning, in line with international markets, which rebounded after Spain struck a EUR100 billion deal with the European Union to finance struggling...

Florentina Dragu · 11.06.2012 · 10:47 · 1 min
Capital Market

Leu Slightly Higher Vs Euro In Early Trade

Romania’s leu edged higher against the euro in early action Monday amid a positive sentiment in the region after EU leaders agreed to lend Spain up to EUR100 billion to support its ailing ba...

Florentina Dragu · 11.06.2012 · 10:32 · 1 min
Capital Market

Dimofte, Popoviciu, Bonte Collect Largest Dividends From RASDAQ Market

Companies on the RASDAQ market are paying dividends of over 137 million lei (around EUR30 million) this year, with the largest amounts to end up in the accounts of local businesspeople, who...

Andrei Chirileasa · 11.06.2012 · 00:00 · 1 min