Romania Leu Moves Higher Vs Euro, Unlike Neighbors
Romania’s leu edged higher against the euro in late trade Wednesday, amid average volumes, with dealers suspecting yet another intervention in the market from the central bank to support
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Romania’s leu edged higher against the euro in late trade Wednesday, amid average volumes, with dealers suspecting yet another intervention in the market from the central bank to support
Romanian overdue private loans rose 3.13% on the month to 21.3 billion lei (EUR4.88 billion) in October, equal to 9.58% of the total lending, central bank data showed Friday.
Romania’s consolidated budget posted a deficit of 13.3 billion lei (EUR3.05 billion) in the first ten months, equal to 2.4% of the gross domestic product, Finance Ministry data showed
Romanian foreign exchange reserves fell to EUR31.74 billion in November from EUR32.2 billion a month earlier, central bank data showed Friday.
Romania’s leu weakened slightly against the euro in late trade Friday, amid low volumes, and closed at 4.359/4.36 to the euro.
Romanian adjusted retail sales rose 2% in October compared with a month earlier, largely fueled by a 12.3% increase in delivery orders and online sales, the statistics institute INS
Romanian industrial sales fell 5.5% on the month in October, on declining demand in the manufacturing sector, the country’s statistics institute INS said Wednesday.
Romania’s third quarter gross domestic product grew by 1.8% in seasonally adjusted terms compared with the previous three months, slightly less than previously estimated, revised data
Romanian home appliance manufacturer Electroarges Curtea de Arges (ELGS.RO) Tuesday proposed increasing its capital by 9.3 million lei (EUR2.13 million) to approximately RON15.5 million
Romanian adjusted industrial production rose 4.8% in October compared with the same period a year before, on increases in all sectors, the country’s statistics institute INS said Thursday