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Capital Market

Romanian Leu Strengthens Vs Euro, Exchange Rate At 4.0966

The Romanian leu kept its gains versus the euro mid-session Friday, and the central bank’s reference strengthened to 4.0966 units, from 4.1021 in the previous session.

Anca Baltatescu · 15.04.2011 · 13:36 · 1 min
Capital Market

More Shareholders Request Additional Dividend From Bucharest Bourse

Another group of shareholders in Bucharest bourse operator BVB (BVB.RO) Thursday requested the halving of share capital to 38.3 million lei (EUR1=RON4.1021), by slashing stock face value, an...

Andrei Cîrchelan · 15.04.2011 · 11:24 · 1 min
Capital Market

Romanian Shares Open Up, Blue-Chips Inch Down

The Bucharest bourse was slightly in the green in early trade Friday, with the bulk of trading focusing on investment fund Fondul Proprietatea (FP.RO) and the five regional investment funds,...

Andrei Cîrchelan · 15.04.2011 · 10:56 · 1 min
Capital Market

Romanian Leu Opens Weaker Vs Euro, Peers Hold Ground

The Romanian leu opened Friday slightly weaker against the euro, on very low traded volumes, while other currencies in the region were stable.

Andrei Cîrchelan · 15.04.2011 · 10:49 · 1 min
Capital Market

SIF Oltenia Names New Board Chairman, GM

Romanian regional investment fund SIF Oltenia (SIF5.RO) Thursday appointed Tudor Ciurezu as new Board chairman and general manager of the fund, following the resignation of Vasile Salapa.

Florentina Dragu · 14.04.2011 · 20:00 · 1 min
Capital Market

Romanian Shares Close Down, SIFs Dive

Bucharest-traded shares closed Thursday on a clearly downward path, after some oscillations earlier in the session, while each of the five regional investment funds, or SIFs, lost more than...

Andrei Cîrchelan · 14.04.2011 · 17:57 · 1 min
Capital Market

Romania Sells RON289M 5-Year Bonds At 7.38% Average Yield

Romania’s Finance Ministry on Thursday sold 289.14 million lei (EUR1=RON4.1021) in five-year treasury bonds, below the planned amount, while the average yield rose to 7.38% a year.

Florentina Dragu · 14.04.2011 · 17:11 · 1 min
Capital Market

Romanian Leu Closes Up Vs Euro In Quiet Market

Romania’s leu edged higher against the euro amid a quiet session Thursday, unaffected by a negative sentiment in the region as investors took a more cautious approach to risk assets.

Florentina Dragu · 14.04.2011 · 17:01 · 1 min
Capital Market

Romanian Leu Gains Vs Euro, Exch Rate At 4.1021

Romania’s leu extended its early gains against the euro in mid session Thursday and the central bank’s reference strengthened 0.3% to 4.1021 units, from 4.114 units a day earlier.

Bogdan Neagu · 14.04.2011 · 13:32 · 1 min