Capital Market
Romania Sells RON1.85B 1-Year T-Bills At 6% Average Yield
Romania’s Finance Ministry on Monday sold 1.85 billion lei (EUR427 million) in one-year treasury bills, above the planned amount, while the average yield fell slightly to 5.9% a year.
Leu Exchange Rate Slightly Higher At 4.342 Vs Euro
Romania’s leu traded near 4.34 per euro by midday Monday and the central bank’s reference strengthened to 4.342 units, from 4.3467 units in the previous session.
Romanian Justice Minister Catalin Predoiu Appointed Acting Prime Minister
Romanian President Traian Basescu on Monday appointed independent justice minister Catalin Predoiu to the position of acting prime minister, following the resignation of Emil Boc earlier in...
Financial Markets In Romania Fall After Government Resignation
The Romanian leu weakened against the euro in mid-session Monday, while the stock exchange’s main index was falling 2.5%, following Prime Minister Emil Boc’s announcement of the government's...
Leu Opens Stronger Vs Euro, In Line With Peers
The leu opened Monday a bit stronger against the euro, in a quiet market, while other currencies in the region were seeing a similar pattern of evolution.
Bucharest Stocks Open Undecided, Trading Picks up
The Bucharest bourse opened Monday with an oscillating trend, on improved traded values, while the bulk of investment was focusing on the main investment funds.
Prime Minister Steps Down Amid Social, Political Unrest
Prime Minister Emil Boc on Monday announced he is stepping down, after weeks of political turmoil and social unrest.
IMF Mission To Recommend Approving New Loan Tranche For Romania
The International Monetary Fund's evaluation mission in Romania will recommend to the board approving the next tranche, worth EUR505 million, of the precautionary agreement, mission chief Je...
SIF Muntenia Gets 0.38% In Erste For Another Batch of BCR Shares
Romanian regional investment fund SIF Muntenia (SIF4.RO) Friday said it will transfer 190.23 million shares of its remaining stake in Banca Comerciala Romana (BCR) to Erste Group Bank (EBS.R...