Capital Market
Leu In Ranges Vs Euro, Exchange Rate At 4.3144
Romania’s leu traded in narrow ranges against the euro by midday Wednesday and the central bank’s reference strengthened for the third day to 4.3144 units, from 4.3159 units Tuesday.
ANRP Head Resigns, Prime Minister Names Replacement
The chairperson of the Property Restitution Authority (ANRP), Crinuta Dumitrean, resigned on October 4, and she will be replaced by Dorina Danielescu, by order of the prime minister.
Bucharest Stocks Bounce Back, Financials Lead Trades
The Bucharest Stock Exchange opened up Wednesday, recovering some of the ground lost in previous sessions, while investors remained cautious and activity was moderate, with financial stscks...
Leu Gains Vs Euro In Early Trade, In Line With Peers
The Romanian leu opened Wednesday stronger against the euro, following the evolution of other currencies in the region.
SIF Shares Nosedive, Are 50% Away From 2009 Lows
The shares of the five regional investment funds (SIF) were significantly affected on the stock exchange, losing up to 15% in the last three trading sessions alone amid foreign stock exchang...
Court Rejects State Challenge Against Rompetrol Share Capital Hike Registration
The Constanta Court has rejected, on Tuesday a challenge filed by the Finance Ministry against the registration of a share capital hike by oil company Rompetrol Rafinare (RRC.RO), which conv...
Bucharest Stocks Hit 2-Year Lows, SIFs Lose 7%
The Bucharest bourse fell Tuesday to its lowest level in two years, following the international markets' evolution, with a sharper decline seen by the five regional investment funds, or SIFs...
Leu Dips Vs Euro On Negative Sentiment
The Romanian leu retreated against the euro in late trade Tuesday, tracking the currencies in the region, and closed almost 0.4% weaker on the day at 4.33/4.3325 units.
American Investors Eager To Buy Romanian Bonds - Treasury Head
American investors are eager to buy Romanian treasuries once the Finance Ministry upgrades its medium term notes (MTN) program to include US dollar-denominated bonds, Tuesday said Bogdan Dra...