FOREX
103 articole · RSS
BNR: Romania's Forex Reserves Rise To EUR32.4B In September
Romanian foreign exchange reserves rose to EUR32.42 billion in September, from EUR30.95 billion a month earlier, central bank data showed Monday.
Forex Transactions Fall Below EUR34B In August, Despite Exchange Rate Volatility
Tensions calmed down on the Bucharest forex market in August, with the trading volume falling to a four-month low, at EUR33.7 billion, 15% lower than the monthly average for May-July.
IMF To Finance Ministry: Rebuild Your Forex Reserve For Emergency Situations
The International Monetary Fund (IMF) warns the Finance Ministry that its “fiscal buffer” has diminished, after the Treasury had attracted less than it had planned to in recent auctions beca...
Finance Ministry Uses Foreign Currency Buffer, Pushes ROBOR Below 2%
Sales of foreign currency from the reserve of the state’s Treasury to central bank BNR, a significantly lower offering of short-term government securities, the halving of overall amounts bor...
While Politicians Continue Their Fight, The Economy Takes Losses
As politicians continue their battle that culminated on Friday night with the suspension of Traian Basescu as president of Romania, sending him to face a popular vote on whether to keep him...
BNR: Romania Forex Reserves Down To EUR33.5B In May
Romanian foreign exchange reserves fell to EUR33.5 billion in May from EUR34.3 billion a month earlier, central bank data showed Friday.
Romania's Financing Costs May Increase After S&P Cut Euro Zone Ratings
An increase in euro financing costs and a higher leu/euro exchange rate volatility could be the first effects of rating agency Standard & Poor’s (S&P) decision to downgrade nine euro zone co...
Why Do Romanians Lose Money On The Forex Market?
The forex market is a speculative market like any other, where all traders have a 50%-50% chance of winning or of losing money (what some win others lose), but the vast majority of Romanians...
Garanti: New Lending Rules To Cause Decline, Market Will Adjust Though
The new regulations Romania’s central bank (BNR) has prepared for household lending will certainly lead to a decline of the retail banking business, says Murat Atay, general manager of Garan...