July
24 articole · RSS
Banks' thirst for RON raises deposit interest rates to almost 11%
Bankers face strong competition on deposits attracted rather than on sale of credits, after the RON excess on the interbank market dried up. Banks paid average interests of almost 11% a year in order to attract deposits for periods longer than a month from the...
Eximtur posts 14m-euro sales in July and August
Eximtur, one of the leading tour operators on the local market, posted 33 million-euro turnover in the first 8 months of the year, whilst this year's forecast points to 45 million-euro turno...
July: Bad month for equity funds on the BSE
Raiffeisen Romania Actiuni lost over 14%, while BCR Expert and BT Maxim lost over 12% each. After another bad month, losses recorded by many equity funds since the beginning of the year exce...
July brings exchange rate lows
The RON is 10% weaker than a year ago, while forecasts for the coming few months vary. July, as in 2007, brings the prospect of an annual low, after the euro stands at an average of 3.59 RON...
Government securities could be listed on the Bucharest Stock Exchange in July
The listing of government securities on the Bucharest Stock Exchange (BSE) could take place in July, and trading-related technical tests could start on June 16, with the operation expected t...
Ford sales up almost 100% in July
Ford saw its highest sales for this year in July. Ford sales on the domestic market reached 2,033 units in July, up 94% against last year, according to data provided by Romcar, Ford's dealer...
Record sales for Hyundai in July
Hyundai sales on the domestic market in July saw an 89% increase against the year-ago period and reached 1,223 units, the highest monthly sales level of this year, according to Hyundai Auto...
Current account deficit triples in July
Current account deficit triples in July
Trade deficit speeds up by almost 60% in July
Trade deficit speeds up by almost 60% in July