Capital Market
Leu Exchange Rate Hits 3-Week High Vs Euro At 4.1817
Romania’s leu widened early gains versus the euro in mid trade Tuesday, amid a positive sentiment after Fitch Ratings upgraded the country to investment grade, and the central bank’s referen...
Roibu Says Romania Lost Dominance Among Oltchim Holders
Romanian state lost dominance among shareholders of chemical company Oltchim (OLT.RO) regarding such decisions as share capital increases and procurement, after German PCC SE and British Car...
Leu Continues To Strengthen Vs Euro After Rating Upgrade
The Romanian leu opened stronger versus the euro Tuesday, continuing the trend in late trade Monday after Fitch announced an upgrade in Romania’s rating to investment grade.
Bucharest Shares Open Up, SIFs Lead Gains
The Bucharest bourse opened Tuesday on an upward trend, with visible increases for all but a few stocks, while the bulk of trading was focusing on Fondul Proprietatea (FP.RO) and the five re...
Bucharest Shares Close High, Proprietatea Drives Trades
The Bucharest bourse closed Monday in the green, after a slow start, while the bulk of activity in the main market focused on the shares of investment fund Fondul Proprietatea (FP.RO).
Leu Firms Vs Euro After Fitch Upgrades Romania's Rating
The leu strengthened against the euro Monday, after Fitch Ratings upgraded Romania’s rating one notch to ‘BBB-’ from ‘BB’, with stable outlook, citing progress in recovering from the financi...
Romania Ditches ‘Junk’ Status As Fitch Ups Rating To BBB-
Fitch Ratings Monday upgraded Romania’s long-term foreign currency issuer default rating to ‘BBB-’ from ‘BB’ and long-term local currency rating to ‘BBB’ from ‘BBB-’, citing the country’s pr...
Romania Sells RON850M In One-Year Paper At 6.37% Average Yield
Romania’s Finance Ministry on Monday sold a planned 850 million lei (EUR201 million) in one-year treasury bills, at an average yield of 6.37% a year, lower than at the previous auction.
Bucharest Court Clears Banca Transilvania Management Of Insider Trading Charges
The Bucharest Court on Monday acquitted the management of Banca Transilvania (TLV.RO), clearing it of insider trading charges in a case regarding trades with the bank's stock, which allegedl...