The national currency appreciated on Monday by comparison to euro, which was calculated by the BNR at 4.9490 lei, dropping by 0.01 bani against the previous quotation, of 4.9491 lei.On the other hand, the leu lost ground to the American dollar which was 4.5714 lei up by 7.30 bani (+1.62%) as compared to Friday when it was 4.4984 lei.The national currency lost against the Swiss Franc, calculated by BNR at 4.9399 lei, up by 4.20 bani (0.85%) against 4.8979 lei, the previous quotation.The gold gram got more expensive on Monday by 12.47 lei (4.43%) up to the value of 293.9846 lei, from 281.5126 lei in the previous session.On the international markets, the European currencies dropped on Monday morning at new minimum as the war in Ukraine goes on, which determines the traders to sell a part of the assets in liquidity, says Bloomberg.On the markets in Asia, the euro got to parity with the Swiss Franc, for the first time after January 2015, due to the worries of the investors with regard to the invasion of Ukraine by Russia. Similarly, the Polish zlot reached a historic minimum by comparison to the euro. Over the last week, all currencies in Eastern Europe depreciated by comparison to the dollar, the first being the Russian rouble.No European currency escaped the trend for selling over the last month. The euro, the second most traded currency at world level, depreciated with almost 5%.
Associates of the fugitive Moldovan oligarch Ilan Șor were urged to vote for far-right candidate George Simion in the presidential elections in Romania back in May, according to the General Inspectorate of Police of the Republic of Moldova. Moldovan police made public several messages discovered on the phones of those close to Ilan Șor as […]
The month of July was nearly 2 degrees Celsius warmer than normal in Romania, with temperatures exceeding 43 degrees Celsius in the southern Oltenia region and over 40 degrees Celsius in Transylvania. Eleven new heat records were set, and there were also intense rains as well as severe hailstorms, according to the climatological summary published by […]
Romania ranks last in the European Union in terms of circular material usage, with a rate of just 1.3%, according to 2023 public data analyzed by Clean Recycle experts. Comparatively, countries such as the Netherlands (30.6%), Italy (over 20%), and Malta lead the EU rankings. A circular economy is a model of production and consumption […]
A new edition of Art Safari will take place from September 5 to December 14 in Bucharest, featuring a diverse program of art exhibitions. Highlights include "Paris Pallady," showcasing over 70 works by Romanian artist Theodor Pallady alongside pieces by Henri Matisse, in collaboration with Paris museums Musée de l'Orangerie and Musée Henri Matisse, the […]
According to a recent announcement from the Ministry of Foreign Affairs, Romania endorsed the Joint Declaration on the Security and Resilience of Submarine Cables in a Global Digitalized World, in coordination with the United States and European Union partners. The diplomatic effort takes place as allies are concerned with sabotage incidents, cyberattacks, and other forms […]
The media and entertainment industry in Romania is projected to experience steady growth over the next five years, driven primarily by the expansion of digital segments. According to the latest PwC Global Telecommunications, Entertainment & Media Outlook 2025-2029 report, the sector is expected to grow at an average rate of around 2% annually, reaching a […]
