Capital Market
Leu Dips Vs Euro, Exchange Rate At 4.3434
The Romanian leu stayed on a downward trend in the first part of Friday session, and the central bank announced an exchange rate of 4.3434 per euro, about 0.1% weaker on the day.
BVB Shareholders May Discuss Dualist Management In April
The managing board of the Bucharest bourse operator BVB (BVB.RO) decided to discuss the introduction of a dualist management system during the shareholder meeting when the results for 2011 a...
Bucharest Stocks Open Up, Eyes On Oltchim
The Bucharest bourse opened with a slight increase Friday, on low traded volumes, while chemical company Oltchim (OLT.RO) was the top-traded issuer.
Leu Opens Flat Vs Euro, Volumes Stay Low
The leu opened roughly flat against the euro Friday, amid market apathy, with low traded volumes.
Basescu Passes Law Raising SIF Ownership Cap To 5%
Romanian President Traian Basescu on Thursday signed the decree passing an amendment to Law 297/2004 on the capital market, which raises the limit on ownership in the five regional investmen...
Leu Ends Down Vs Euro, In Line With Peers
The Romanian leu closed Thursday on a weakening trend against the euro, following the other currencies in the region, on increased risk aversion.
Bucharest Stocks Close Slightly Up, SIFs Fall
The Bucharest bourse closed slightly up Thursday, losing part of the early gains in the last 15 minutes of trading, as Wall Street opened down, but the liquidity remained reduced.
Romania Sells RON1.48B 2-Year Bonds At 6.87% Average Yield
Romania’s Finance Ministry on Thursday sold two-year bonds worth 1.48 billion lei (EUR342 million), double the planned amount, in the first debt sale of the year, at an yield slightly lower...
Leu Exchange Rate At 4.3398 Vs Euro, Weakest In 3 Weeks
The Romanian leu weakened against the euro in mid-trade Thursday, mainly due to the depreciation of the euro against the US dollar, and the central bank's exchange rate lost 0.4% to 4.3398 u...