The national currency has depreciated on Thursday compared to the euro, continuing, practically, its descending trend started last week, the internal political situation having no influence on the exchange rate, believes Adrian Codirlasu, deputy chair of the CFA Romania Association."The course depreciated a little. Practically it continued the depreciation trend started last week. The CFA Romania forecasts are that the depreciation will continue, and for the 12 months horizon is 5.04 RON for a euro, and for the six months horizon it's 4.98 RON for a euro. The euro-RON exchange rate closes this year under 5 RON, to exceed 5 RON next year. What could determine this? On one hand it's inflation, which is higher than that in the euro zone, as well as the macro imbalances at the level of Romania, especially current account imbalances," said Adrian Codirlasu.Asked if the internal political situation influenced the situation of the exchange rate, Codirlasu said "if this government falls this could affect the financial markets because an aversion to risk is created," but that for the moment it had no influence.The national currency reached on Thursday a new historical maximum in relation to the RON, as the calculated exchange rate of the National Bank of Romania (BNR) was 4.9386 RON/euro, a 0.41 ban increase (0.08 pct) over the previous quotation, of 4.9345 RON.The previous record was established on August 30, when one euro was traded for 4.9349 RON.
More than 2 out of 3 Romanian consumers do not return for a second purchase, according to the new Customer Loyalty Index, a comprehensive analysis based on aggregated data from campaigns and authored by White Image, the oldest email marketing company in Romania. The Index analyzes the post-purchase behavior of Romanian consumers and highlights major […]
Fashion retailer Primark announced major plans to expand its presence in Romania, confirming four new store openings for 2026. This will double its presence in the market and create over 450 new jobs. The announcement arrived at an important moment for the company, which marked three years since the opening of its first Romanian store […]
Romania’s National Road Investment Company (CNIR) awarded on Tuesday, December 16, the contract for the design and construction of the Bacău–Piatra Neamț express road to a Romanian–Bulgarian consortium. The value of the contract is RON 5.17 billion (some EUR 1 billion), excluding VAT, and its signing will take place if no appeals are filed. The […]
Romania will host its first mixed team European Judo Championship in 2027, according to the Romanian Judo Federation. The competition will take place at a key moment in the Olympic cycle, when the points earned will directly influence world rankings and qualification for the Olympic Games, according to FR Judo. The event will...
Radu Miruță, currently Romania’s economy minister, was proposed to lead the Defense Ministry. He will also hold the position of deputy prime minister. In his place, senator Irineu Darău has been proposed to take the helm of the Economy Ministry. The Defense and Economy Ministries are handled by the center-right reformist party Save Romania Union […]
Carrefour Romania has expanded its proximity retail network, reaching 200 Express stores and 191 Market locations nationwide, as part of its strategy to strengthen convenience formats. The retailer announced that the 200th Carrefour Express store will open on December 22. In 2025 alone, Carrefour opened 27 Express stores, including 19 company-operated units and eight franchise […]
