Capital Market
Leu Opens Stronger Vs Euro, In Wait Of US News
The leu opened roughly flat against the euro Friday, on very low traded volumes, as investors await news from US Fed boss Ben Bernanke, who might announce new set of quantitative easing meas...
Romanian Shares Open Down, In Quiet Market
The Bucharest bourse opened Friday with a decline, on little to no trading, as international sentiment returned to a mood of skepticism and investors are once again showing little confidence...
Intercontinental Bucuresti Swings To RON1.9M Profit In First Half
Intercontinental Bucuresti (RCHI.RO), which operates the five-star Intercontinental hotel in Bucharest, on thuesday reported a net profit of 1.9 million (EUR0.47 million) for the first half...
Bucharest Shares Close Up, SIFs Underachieve
The Bucharest bourse closed Thursday with a slight increase, on moderate traded values, mostly focusing on investment fund Fondul Proprietatea (FP.RO), while the five regional investment fun...
Leu Ends Barely Higher Vs Euro In Quiet Market
Romanian leu traded in narrow ranges versus the euro in a sleepy session Thursday and closed almost unnoticeably higher at 4.2505/4.252 units, from 4.254/4.2565 units a day earlier.
Leu In Ranges Vs Euro, Exch Rate At 4.2525
Romanian leu traded near 4.25 per euro by mid session Thursday and the central bank’s reference weakened slightly to 4.2525 units, from 4.2488 units a day earlier.
Bucharest Stocks Rise For Fourth Day, Volumes Stay Down
Bucharest shares continued to rally for the fourth straight day Thursday, amid low volumes, with investment fund Fondul Proprietatea (FP.RO) covering over two-thirds of the morning transacti...
Leu Opens Down Vs Euro In Quiet Trade
Romanian leu edged lower against the euro Thursday morning, amid low volumes, trading near 4.25 units for the first part of the session.
Analysts, Still Cautious: Lending Could Suffer Again
A faster recovery of lending is not possible on the short term, analysts believe, given the recent weeks’ international market turmoil, likely to lead to rising borrowing costs.