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%.
Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]
Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...
InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]
The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries. The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]
