Capital Market
Romania Less Likely To Default On Own Debt Vs Hungary, Spain
Romania is a less risky debtor compared to more veteran EU members such as Spain, Italy or Hungary, but the country is still paying higher interest rates on its sovereign debt compared to th...
Romania Sells RON625M 5-Year Bonds At 6.14% Average Yield
Romania’s Finance Ministry on Thursday sold 625 million lei (EUR142.8 million) in five years bonds, slightly above the planned amount, at an average yield of 6.14% a year, central bank data...
Leu Up Vs Euro, Exchange Rate At 4.3748
Romania’s leu edged higher against the euro by midday Thursday and the central bank’s reference strengthened modestly to 4.3748 units, from 4.3778 units a day earlier.
Bank Stocks Drag Bucharest Bourse Down, Trading Values Remain Low
Bucharest-listed shares opened on a downward trend Thursday, with bank stocks leading the decline, but the traded values were very reduced as in the previous sessions this week.
Leu Opens Flat Vs Euro, In Apathetic Market
The Romanian leu opened flat against the euro Thursday, trading around 4.377 units in a quiet market.
US Ambassador To Romania Worried About Standstill In Privatizations
US Ambassador to Bucharest Mark Gitenstein Wednesday expressed concern over a seeming standstill in the Romanian privatization process, saying the government should resume their efforts to a...
Leu Weakens Vs Euro, Central Bank Intervention Suspected
Romania’s leu weakened against the euro amid a quiet market Wednesday, with dealers suspecting a covert intervention from the central bank to prevent a steeper depreciation of the national c...
Bucharest Stocks End Flat After Uneventful Session
The Bucharest bourse closed almost flat Wednesday, on reduced traded values, in post-holiday trading.
US Ambassador: Trading US-Listed Companies In Bucharest To Increase Market Transparency
The expansion of the Bucharest bourse’s alternative trading system to include US-listed companies could lead to greater transparency on the local market, as investors would want to benefit f...