Capital Market
Leu Stays In Ranges Vs Euro, In Quiet Market
The Romanian leu was mostly stable in early trade Thursday, staying below 4.35 per euro, in a relatively calm market.
Government Listing Plans vs. Achievements
The Romanian Government has been promising the International Monetary Fund (IMF) for two years that it will sell on the stock exchange minority stakes in the main state-run companies in the...
Fitch Rates Romania's $1.5B Bond At BBB-
Fitch Ratings Wednesday said it has assigned Romania's $1.5 billion notes, which carry a coupon of 6.75% and are due on 7 February 2022, a rating of'BBB-', in line with the country's soverei...
Bucharest Stocks End Higher On International Markets' Gains
Bucharest-listed shares closed up Wednesday, in line with the foreign markets evolution, with the five regional investment funds (SIFs) posting a stronger advance.
Leu Ends Flat Vs Euro, Neighbors Gain Ground
Romania’s leu closed flat against the euro after a quiet session Wednesday, unlike its peers in the region, which gained up to 1.1% on the day following better-than-expected economic data in...
Leu Stable Vs Euro, Exchange Rate At 4.3447
Romania’s leu moved in tight ranges against the euro by midday Wednesday and the central bank’s reference weakened modestly to 4.3447 units, from 4.3433 units a day earlier.
Oltchim Keeps 840 Employees On Furlough Through February
Romanian chemical company Oltchim (OLT.RO) will keep 840 on furlough throughout February as well, continuing a measure taken over the past six months for lack of raw materials and working ca...
Leu Gains Vs Euro, After Successful Bond Sale
The Romanian leu rose against the euro in early trade Wednesday, fueled by the successful sale of bonds on the U.S. market, dealers said.
Bucharest Stocks Continue Upward Trend, SIFs Push Higher
The Bucharest-listed shares continued Wednesday their upward trend from the previous session, following the international markets' evolution, and the five regional investment funds (SIFs) we...