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A service for banking industry professionals · Sunday, January 16, 2022 · 560,782,569 Articles · 3+ Million Readers
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Romanian Leu (RON) News Monitoring

  • Published on Dec 7, 2020

    Romanian leu steady after general election, stocks fall

    By Reuters Staff BUCHAREST, Dec 7 (Reuters) - The Romanian blue-chip stock index fell in early trade on Monday after a preliminary independent count showed the opposition Social Democrats (PSD) taking the lead in Sunday’s national election, but the …

    Source: Reuters - Neutral
  • Published on Dec 6, 2021

    The ‘Ig-Nobel’ Omicron

    You might be thinking my spelling is messed up. Surely this new virus on the block named Omicron is ‘ignoble’? Ah, now while it steadily is earning its reputation for being ‘ignoble’, it reminds me of the ‘Ig Nobel’ — a very interesting spoof on the Nobel …

    Source: The Hindu Business Line - Neutral
  • Published on Feb 24, 2020

    Romanian leu hits all-time low vs euro

    BUCHAREST, Feb 24 (Reuters) - Romania’s leu currency hit an all-time low of 4.8085 against the euro on Monday, beyond a 4.8075 record low of November 2019. “Like others in the emerging zone, the leu has been impacted by global risk related to coronavirus …

    Source: Reuters - Neutral
  • Published on May 20, 2021

    UPDATE 1-Romania's central bank holds rates, expects higher inflation

    By Reuters Staff (Adds cenbank, detail) BUCHAREST, May 12 (Reuters) - Romania’s central bank kept its benchmark interest rate on hold at 1.25% on Wednesday, choosing to wait before acting on worries about higher-than-expected inflation. The bank has …

    Source: Big News Network - Neutral
  • Published on Nov 12, 2020

    REFILE-UPDATE 2-Romania's central bank holds rates, cuts hard currency reserve requirements

    By Reuters Staff (Adds details) BUCHAREST, Nov 12 (Reuters) - Romania’s central bank kept its benchmark interest rate unchanged at 1.50% on Thursday, as expected, warning of “extremely elevated” uncertainty, and cut the minimum reserve requirement on …

    Source: Reuters - Neutral
  • Published on Nov 12, 2020

    Romania's central bank holds rates, cuts hard currency reserve requirements

    By Reuters Staff (Adds details) BUCHAREST, Nov 12 (Reuters) - Romania’s central bank kept its benchmark interest rate unchanged at 1.50% as expected on Thursday and cut the minimum reserve requirement on commercial banks’ hard currency liabilities to 5% …

    Source: Reuters - Neutral
  • Published on Nov 25, 2021

    Romania parliament endorses PM Ciuca's grand coalition government

    By Radu-Sorin Marinas BUCHAREST (Reuters) - Romanian legislators endorsed the grand coalition government of Liberal Prime Minister Nicolae Ciuca by an overwhelming majority on Thursday, inaugurating a rotating premiership deal to end a two-month long …

    Source: SaltWire - Neutral
  • Published on Mar 8, 2021

    REFILE-UPDATE 2-Romania's central bank holds rates, cuts hard currency reserve requirements

    By Reuters Staff (Restores missing material in seventh paragraph.) BUCHAREST, Nov 12 (Reuters) - Romania’s central bank kept its benchmark interest rate unchanged at 1.50% on Thursday, as expected, warning of “extremely elevated” uncertainty, and cut the …

    Source: Big News Network - Neutral
  • Published on Nov 9, 2021

    Falling Yields Give The Yen A Boost

    Reports that the Fed's Lael Brainard was interviewed for the Chair helped soften yields a bit, not that they needed extra pressure, on ideas she is more dovish than Jerome Powell. In turn, the lower yields saw the yen rise to its best level in nearly a …

    Source: Investing.com - Uncategorized
  • Published on Feb 5, 2020

    Romanian leu steady ahead of no confidence vote, Polish rate meeting in focus

    BUCHAREST — The Romanian leu held steady against the euro on Wednesday ahead of a no-confidence vote in parliament which could see the Liberal minority government fall after just three months, while other central and eastern European currencies were firmer …

    Source: Calgary Herald - Neutral
  • Published on Nov 25, 2019

    Romanian leu outperforms on presidential election, deficit risks ahead

    BUDAPEST/BUCHAREST — The Romanian leu outperformed other currencies in Central Europe on Monday after centrist President Klaus Iohannis won a second term on Sunday, but analysts expect the country’s swelling deficits might put pressure on the leu going …

    Source: Calgary Herald - Neutral
  • Published on Feb 7, 2020

    Romania inflation set to fall sharply in early 2020

    BUCHAREST, Feb 7 (Reuters) - Romania’s annual inflation will fall sharply in first months of this year, central bank Governor Mugur Isarescu said on Friday, and is expected to stay within the bank’s 1.5-3.5% target. Isarescu said uncertainties stem from …

    Source: Reuters - Neutral
  • Published on Jan 28, 2020

    Romania's 2019 budget deficit stood at 4.6% of GDP

    (Adds details) BUCHAREST, Jan 28 (Reuters) - Romania ran a higher-than-expected consolidated budget deficit of 4.6% of gross domestic product last year, driven by one-off expenses and uncollected revenue from dividends, Finance Minister Florin Citu said on …

    Source: Reuters - Neutral
  • Published on Mar 17, 2017

    CEE MARKETS-Leu leads fx retreat, investors mull ECB rate hike prospects

    * Currencies off post-Fed highs, leu sets 9-month low * Expectations for Dec ECB rate hike weighs on CEE fx, bonds * Leu eased through central bank's earlier tolerance line-analysts BUDAPEST/BUCHAREST, March 17 (Reuters) - The leu led a retreat of …

    Source: CNBC - Neutral
  • Published on Oct 11, 2019

    Currency Corner: the Romanian leu – a currency that has fallen even harder than the pound

    I’m heading to Romania this weekend for the Transylvanian Crypto Conference – surely the number one cryptocurrency conference in the whole of Transylvania – so I thought it might be fun, and indeed interesting, to look at Romania’s currency, the leu, in …

    Source: moneyweek.com - Uncategorized
  • Published on Mar 10, 2017

    CEE MARKETS-Forex, bonds ease as markets price in ECB rate hike within a year

    * ECB optimism over economy leads to CEE fx, bond price fall * Leu at 9-month low, forint a 3-month low, zloty a 3-week low * Politics weigh on leu, Romanian CPI stays near zero BUDAPEST, March 10 (Reuters) - Central European currencies and government …

    Source: CNBC - Neutral
  • Published on Oct 3, 2019

    Romania's central bank keeps benchmark rate on hold

    (Adds analyst comment, details) BUCHAREST, Oct 3 (Reuters) - Romania’s central bank kept its benchmark interest rate unchanged again at 2.50% on Thursday, treading a fine line between reining in above-target inflation and the risk of exacerbating the …

    Source: Reuters - Neutral
  • Published on Jan 26, 2017

    CEE MARKETS-Bonds ease, with Romania's 2017 budget looking risky

    * Markets mixed, investors cautious over Trump's policies * Bonds ease, currencies mixed, stocks rise * Romania to finish 2017 budget draft soon, deficit a concern BUDAPEST/WARSAW, Jan 26 (Reuters) - Central European government bonds fell on …

    Source: CNBC - Neutral
  • Published on Sep 29, 2021

    Romania's centrist PM faces no-confidence vote on Oct. 5

    BUCHAREST -The Romanian government of Liberal Prime Minister Florin Citu will face a no confidence vote on Oct. 5 after three parliamentary parties including a former ruling coalition partner agreed to back just one of two rival motions. USR Plus, which …

    Source: Euronews - Neutral

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