16 ian 2012

Romania’s leu returned to gains in late trade Monday and closed 0.3% stronger at 4.323/4.325 per euro, from 4.3365/4.338 per euro in the previous session. more

16 ian 2012

Romania’s Finance Ministry on Monday sold 3.46 billion lei (EUR797 million) in one-year treasury bills, more than double the planned amount, while the average yield fell slightly to 6.21% a year. more

16 ian 2012

Romania might be able to fend off some of the external pressure following the economic downturn in the euro zone in the first half of 2012, aided by pre-election spending, but the boost will be more

16 ian 2012

Romania’s leu lost early gains versus the euro by midday Monday and the central bank’s reference weakened slightly to 4.3347 units, from 4.3322 units in the previous session. more

16 ian 2012

Romania's central bank Monday injected 3.56 billion lei (EUR824 million) into the market in a one week repurchase agreement operation at an interest rate of 5.75% a year, equal to the monetary policy more

13 ian 2012

Romanian regional investment funds SIF Transilvania (SIF3.RO) and SIF Moldova (SIF2.RO) posted record net profit in 2011, after they sold their shares in lender Banca Comerciala Romana (BCR) to more

13 ian 2012

The combined net assets of Romanian open-end investment funds rose 23% to 6.78 billion lei (EUR1.57 billion) in 2011, from RON5.48 billion a year earlier, the Romanian Association of Asset Managers more

13 ian 2012

Romanian investment fund Fondul Proprietatea (FP.RO) Friday said its net profit rose 19.2% to 543.82 million lei (EUR125.5 million) in 2011, from RON456.18 million a year earlier. more

13 ian 2012

Romania’s leu traded north of 4.33 per euro in late session Friday, amid a negative sentiment in the region following media reports that Standard & Poor's is set to cut its ratings on several more

13 ian 2012

Romania’s leu extended early gains versus the euro by midday Friday and the central bank’s reference strengthened roughly 0.3% to 4.3322 units, from 4.3446 units a day earlier. more

12 ian 2012

The European Investment Bank is considering lending up to EUR50 million to Romanian financial institutions Raiffeisen Bank and Raiffeisen Leasing, the EIB said. more

12 ian 2012

Romanian overnight interest rates on the interbank market dropped to 1.71%-2.21% a year Thursday, amid liquidity surplus, reaching the lowest level since the global financial crisis first hit in 2008. more

12 ian 2012

Romania’s leu strengthened against the euro amid a quiet session Thursday, tracking the currencies in the region, and closed 0.4% higher on the day at 4.345/4.346 units. more

12 ian 2012

Romania’s Finance Ministry on Thursday sold 917.2 million lei (EUR211 million) in three-year bonds, above the planned amount, at an average yield of 6.95% a year, lower than at the previous auction. more

12 ian 2012

Romania’s leu advanced against the euro by midday Thursday and the central bank’s reference strengthened over 0.4% to 4.3446 units, from an 18 and a month low of 4.3627 units in the previous day. more

12 ian 2012

Romania’s industrial production rose 3.3% on the year in November, the fourth biggest increase in the European Union, official data showed Thursday. more

11 ian 2012

Romania’s leu weakened slightly against the euro amid a quiet market Wednesday, tracking the currencies in the region, and closed at 4.3625/4.364 units, from 4.359/4.36 units a day earlier. more

11 ian 2012

A delegation of the International Monetary Fund will visit Romania between January 25 and February 6 for the fourth review of a EUR3.5 billion precautionary agreement signed last spring. more

11 ian 2012

Three consortia including US banking corporations JP Morgan, Goldman Sachs and Citibank will submit offers to broker the sale of a 15% stake in Romanian natural gas producer Romgaz, sources in the more

11 ian 2012

Bank officials from 17 countries met in Vienna Wednesday to discuss the effects of the new capital requirements imposed by the European Union, an official of the Romanian central bank BNR said. more

11 ian 2012

Romania’s leu traded near 4.365 per euro by midday Wednesday and the central bank’s reference weakened slightly to 4.3627 units, a new record low in the last 18 and a half months. more

11 ian 2012

New York-based hedge fund Elliott Associates L.P., a unit of Elliott Management Corp, together with sister company Beresford, own an aggregate 12.91% in Romanian investment fund Fondul Proprietatea more

11 ian 2012

Romania’s leu edged lower against the euro Wednesday morning and traded above 4.36 per euro amid low volumes. more

11 ian 2012

Romanian average net salary rose 2.3% to 1,491 lei (EUR341) in November, from RON1,457 a month earlier, the statistics institute INS said Wednesday. more

11 ian 2012

Romanian power output rose 1.7% on the year to 21.47 million tons of oil equivalent in the first 11 months of 2011, fueled by higher production in most sectors, official data showed Wednesday. more