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Leu Edges Higher, Closes Around 4.53 Vs Euro
Romania’s leu gained ground versus the euro in the second part of Friday trade and closed stronger on the day, at around 4.53 units, in an opposite trend with other currencies in the region.
Leu Ends Slightly Lower Vs Euro, Loses Early Gains
Romania’s leu lost the gains from early trade Wednesday and closed slightly lower on the day, amid central bank indirect intervention.
Leu Hits 4.63 Vs Euro On Constitutional Court Postponement
Romania’s leu widened losses against the euro in late trade Thursday, touching 4.63 units, after the Constitutional Court postponed for September 12 its ruling on the referendum to impeach P...
Bucharest Bourse Ends In The Green, Amid High Traded Values
The Bucharest stock exchange closed up Thursday, amid high traded values and with the shares of chemical producer Oltchim Ramnicu Valcea (OLT.RO) gaining 6.57% after news the company’s priva...
Bucharest Bourse Ends Slightly Down, Proprietatea Fund Supports Volumes
The Bucharest stock exchange closed slightly down Tuesday, amid average volumes mainly supported by a deal with a 0.73% stake in Romanian investment fund Fondul Proprietatea (FP.RO).
Ponta: Romanian Leu Back On Track As Of Next Week
Romanian leu exchange rate against the euro will turn to “normal” as of next week, and the leu will gain ground once the political turmoil has ended, Premier Victor Ponta said Monday.
Bucharest Bourse Ends In The Red, Lenders Plunge
The Bucharest stock exchange closed down Monday, mirroring foreign market trend, with the BET-FI index and Romanian lenders BRD (BRD.RO), Banca Transilvania (TLV.RO) and Erste Group Bank (EB...
Bucharest Bourse Ends Up, 4th Day In a Row
The Bucharest stock exchange closed higher Wednesday, for the fourth trade in a row, but volumes remained reduced as investors are still reluctant due to the current political turmoil.
Bucharest Bourse Closes Up, Amid Scarce Volumes
The Bucharest stock exchange closed in the green Monday, in an opposite trend from the Western European markets and amid low traded volumes specific to the summer period.