Capital Market
Leu Ends Slightly Lower Vs Euro In Quiet Market
Romania’s leu retreated slightly against the euro amid a quiet session Tuesday, and closed 0.2% weaker on the day at 4.171/4.173 units.
Bucharest Shares Close High, Energy Companies Recoil
The Bucharest bourse closed Tuesday on an upward trend, while energy companies such as Rompetrol Rafinare (RRC.RO) posted wide declines, after soaring in previous sessions.
Leu In Ranges Vs Euro, Exchange Rate Weakens To 4.1732
The leu traded in ranges against the euro in mid session Tuesday, while the central bank’s reference weakened 0.4% on the day at 4.1732 units, a new low since March 17.
Central Bank Says Leu Trades At Fair Value Vs Euro
The leu is “fairly” valued against the euro, central bank deputy governor Cristian Popa said Tuesday, dismissing recent market talk about the currency’s overvaluation.
Leu Opens Weaker Vs Euro, In Quiet Trade
The leu opened Tuesday slightly weaker against the euro and maintained this level, with minor oscillation, on low traded volumes.
Shares Open Up, Oltchim Back On Rise
The Bucharest bourse opened Tuesday with a rising tendency, while chemical company Oltchim (OLT.RO) was back on the rise and investment fund Fondul Proprietatea (FP.RO) was gaining more than...
BVB General Manager Resigns Central Depository Position
The general manager of Bucharest bourse operator BVB (BVB.RO) resigned Friday from his position as board president at the Central Depository, in compliance with a regulation of securities co...
Four Mutual Super-Funds Raised EUR1B From Investors
BCR Obligatiuni is the latest entrant in the league of the largest mutual funds, also called super-funds, with assets of more than 1 billion lei (EUR240.5 million).
May Volatility Fails To Revive Forex Market Transactions
The forex market did not go much past the EUR35 billion level in traded volume in May either, after the market had hovered around this value in the past four months, despite the higher leu v...