Capital Market
Tradeville Gets Market Maker Status On Gold Derivatives
Brokers Tradeville received market maker status on the Bucharest Stock Exchange for leu denominated gold price derivatives, company general manager Mihaela Biciu said Monday.
Leu Gains Vs Euro, Exchange Rate At 4.1039
The Romanian leu gained modestly versus the euro in mid session Monday and the central bank’s reference gained 0.4% to 4.1039 units, from 4.1208 units Friday.
IMF: Romania To Launch 1st International MTN Issue By Mid-Year
Romania's Finance Ministry will launch a first international bond issue of its EUR7 billion medium term notes (MTNs) program by the second half of 2011, an official of the International Mone...
Leu Up Vs Euro In Early Trade
Romania’s leu edged higher against the euro after a slow start Monday morning, amid a positive sentiment following better-than-expected jobs results in the US Friday.
Romania Unlikely To Tap Into IMF Funds In 2011 - Mission Head
Romania is highly unlikely to access the funds made available through a EUR5 billion precautionary deal from the International Monetary Fund and the European Union in 2011, IMF mission chief...
EU: Romania Meets Criteria For EUR150M Loan Disbursement
Romania has met the criteria requested by the European Commission for the disbursement of the final tranche of a EUR5 billion loan, worth EUR150 million, the EU mission chief Istvan Szekely...
Isarescu’s New Dilemma: How Much Can the Euro Slide Without Attracting Speculators Again
The Romanian central bank BNR is no longer thinking favorably about leu's strengthening further, after it gained some 4% since the start of the year. The rising leu is attracting portfolio i...
Electroarges Shares Fell Three-fold Since Chelu Became Shareholder
The market value of vacuum cleaner manufacturer Electroarges Curtea de Arges (ELGS) has fallen three-fold on the stock exchange since the end of October last year, when businessman Catalin C...
SSIF Broker Proposes RON12.3M Capital Increase
Romanian brokerage house SSIF Broker (BRK.RO) Friday recommended increasing its share capital by 12.3 million lei (EUR2.98 million) to RON84.6 million, by including last year’s profits and p...