Capital Market
Leu Up Vs Euro, Exchange Rate At 4.4641
Romania’s leu edged higher against the euro by midday Monday, tracking the currencies in the region, and the central bank’s reference advanced modestly to 4.4641 units, from 4.4646 units in...
Avioane Craiova Inks Deal With Defense Ministry To Repair, Maintain Light Fighters
Romanian state-owned plane maker Avioane Craiova (AVIO.RO) signed a frame-contract with the Defense Ministry to repair and maintain jet trainers IAR 99 Soim, union leader Victor Peta said Mo...
Leu Stays Close To All-time Lows Vs Euro
The Romanian leu stayed around 4.475 against the euro in early trade Monday, slightly stronger from last week, when it fell towards 4.5 against the euro on foreign markets after the closing...
Bucharest Stocks Open Flat, Interest Remains Low
The Bucharest stocks were mostly unchanged in early trade Monday, with few market movers, as most investors stay away from trading.
Leu Falls To New Record Low Of 4.475 Vs Euro
Romania’s leu weakened against the euro in late action Friday and hit a fresh all-time low of 4.475 units in interbank trading amid a negative sentiment in the region after Spanish region Ca...
Bucharest Bourse Ends Up 1%, SIFs Bucks Trend
The Bucharest stock exchange rose around 1% in the last trading day of the week, but BET-FI ended down as four of the five regional investment funds (SIFs) posted decreases, in a relatively...
Fondul Proprietatea To List Its Shares In Warsaw By Year-end
Romanian investment fund Fondul Proprietatea (FP.RO) plans to list its shares on the Warsaw Stock Exchange, or WSE, by the end of 2012, depending on the timing of the establishment of a conn...
Leu Gains Modestly Vs Euro, Exchange Rate At 4.4646
Romania’s leu edged higher against the euro by midday Friday and the central bank’s reference strengthened modestly to 4.4646 units, from a record low of 4.4662 units a day earlier.
Leu Up Vs Euro In Early Trade, In Line With Region
The Romanian leu gained litttle ground at the start of Friday session, following the other currencies in the region, but the transferred volumes were low.