Capital Market
Isarescu: Leu Fall Contained In Case Of Grexit
Romanian central bank governor Mugur Isarescu Tuesday dismissed recent speculations that a potential exit of Greece from the eurozone would cause the leu to trade at 5 units against the euro...
Leu In Ranges Vs Euro, Exchange Rate At 4.4646
Romania’s leu moved in a narrow range against the euro by midday Tuesday and the central bank’s reference strengthened marginally to 4.4646 units, from 4.4648 units in the previous session.
Erste Ups Stake In BCR To 93.27%
Austria’s Erste Group Bank AG (EBS.RO) Tuesday said it has increased its stake in Romanian lender Banca Comerciala Romana (BCR) to 93.27% from 93.04%, following a buyout offer to BCR minorit...
Leu Stable Vs Euro, Trades Below 4.47 Units
The Romanian leu traded below 4.47 against the euro on Tuesday morning, in a very quiet market.
Bucharest Stocks Open Slightly Up, Erste In Focus
The Bucharest stock exchange was up after the first trades Tuesday, as sentiment improved on European markets, while the traded values inched higher.
OMV: Petrom Will Remain An Integrated Company, But Any Fiscal Change Will Affect Investment Plans
Almost one year since becoming chief executive of OMV, Gerhard Roiss gives a few clues about the prospects of Romania's largest oil and gas producer, Petrom, as well as its future challenges...
Leu’s Depreciation Caused By Speculative Pressure, Euro Zone Problems - ING Bank Official
The depreciation of the Romanian currency is mainly speculative, unlike in 2008, when capital outflows were legitimate, and the central bank will no longer transfer pressure onto the monetar...
ING: Romanian Leu Exchange Rate Might Continue To Lose Ground Against Euro
The Romanian leu’s exchange rate might fall to 5 units against the euro, whether Greece exits the euro currency zone or not, and pressure on the euro and currencies in the region will contin...
Bucharest Stocks Close Sharply Down Following International Woes
The Bucharest stock exchange fell sharply Friday, following the international markets’ downward trend, as weak jobs and manufacturing data in both the euro-zone and the US triggered a heavy...