Capital Market
Leu Ends Up Vs Euro, On Low Volumes
The Romanian leu closed stronger versus euro Monday, after a quiet session with very low volumes transferred.
Romania Rejects All Bids In 1-Year T-Bills Sale
Romania’s Finance Ministry Monday rejected, for the first time since March, all bids in a 900 million lei (EUR211.2 million) one-year state paper auction, central bank data showed.
Leu Strengthens Slightly, Exchange Rate At 4.2611 Vs Euro
The Romanian leu kept its early gains against the euro in mid-trade Monday, and the central bank’s reference rate strengthened to 4.2611 units, from 4.2669 units Friday.
Leu Opens Up Vs Euro, In Quiet Trade
The leu opened Monday slightly stronger against the euro, on a quiet market, with low traded volumes.
Bucharest Stocks Up In Quiet Market
The Bucharest bourse opened Monday with a slight increase, after several consecutive sessions of decline, but trading stayed moderate, as investors remain cautious.
Bucharest Shares Hurt Indiscriminately By New Wave Of Declines
On the Romanian bourse, both banks and companies in defensive industries have been hurt by the new wave of stock exchange declines.
Second Crisis Wave Wipes Out EUR2.5B From Bucharest Bourse
Romanian bourse have lost EUR2.5 billion since the onset of the second wave of the crisis, generated by the sovereign debt problems. The Bucharest stock market closed Friday down 2%, after a...
Bucharest Bourse Ends In Red, On Crisis 2.0 Fears
Stocks traded in Bucharest closed Friday largely in the red, after underachieving throughout the session, as fears of US recession and Euro zone breakup persist.
Leu Closes Down Vs Euro Amid Low Volumes
Romania’s leu depreciated against the euro Friday, amid low volumes, and closed 0.3% weaker at 4.272/4.274 units, from 4.259/4.261 units a day earlier.