Capital Market
Isarescu: Who Had Cash To Buy 1 Bln Euros?
Governor Mugur Isarescu questioned the accuracy of ING Bank’s calculations which indicate the central bank has sold EUR1 billion in May to keep the exchange rate stable.
Leu’s Exchange Rate Falls To 2-½ Month Low At 4.1554 Vs Euro
Romania’s leu edged lower against the euro in mid trade Tuesday, unlike its peers in the region, and the central bank’s reference weakened 0.5% to 4.1544 units, the lowest rate in two and a...
Leu Opens Flat Vs Euro, Weakens In Early Trade
The Romanian leu opened unnoticeably stronger against the euro Tuesday, but weakened later, out of sync with other currencies in the region, as foreign players focused on buying euro.
Bucharest Shares Open Up, Eyes On Rompetrol
The Bucharest bourse opened Tuesday with an upward tendency, while chemical company Oltchim (OLT.RO) continued to soar and other top-gainers included Rompetrol Rafinare (RRC.RO) and Rompetro...
Leu Dips Vs Euro In Quiet Market
Romania’s leu weakened modestly against the euro Monday and closed near 4.14 units, amid a quiet market.
Bucharest Shares Close Up, On End-Session Rally
The Bucharest bourse closed up Monday, after hovering around par throughout the session and rallying in late-trade, with chemical company Oltchim (OLT.RO) and oil company Rompetrol Rafinare...
Romania Sells RON1.2B 1-Year T-Bills At 6.6% Average Yield
Romania’s Finance Ministry on Monday sold a planned 1.2 billion lei (EUR290 million) in one-year treasury bills, at an average yield of 6.61% a year, lower than at the previous auction.
Oresa Plans Two Acquisitions In Romania By Yearend, With EUR30M
Swedish investment firm Oresa Ventures expects to conclude at least two acquisitions in Romania by the end of the year, worth a total EUR30 million, company official Cornel Marian told MEDIA...
Leu Down Vs Euro, Exchange Rate At 4.1344
Romania’s leu lost early gains versus the euro in mid trade Monday and the central bank’s reference weakened slightly to 4.1344 units, from 4.1298 units in the previous session.