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%.
President Nicușor Dan has nominated Senate president Ilie Bolojan, a leader of the National Liberal Party (PNL) and former interim president, for the prime minister seat. Dan said Bolojan is “the best person to carry out the needed adjustments in the state administration.” He pointed to Bolojan’s track record with reducing spending, and said he has […]
Balkanik Festival – Home of World Music, set to take place at Uranus Garden between September 5 and September 7, lines up this year artists who "celebrate that form of joy that does not ignore reality, but faces it with beauty, energy, and solidarity," the organizers said. The artists performing in September in Bucharest will […]
The mayor of Timișoara, Dominic Fritz, announced on Friday, June 20, that two new bridges over the Bega River will be built in the city. The bridges will be financed with EU-backed funds worth over RON 130 million. The bridges in question are the Solventul Bridge, which will connect Gării Street to Dâmbovița Boulevard and […]
A Sarmatian necropolis nearly 2,000 years old was discovered after archaeological excavations were carried out at the Mehala II site in the municipality of Timișoara, in western Romania. Researchers discovered 15 inhumation graves, most arranged in rectangular pits with rounded corners, although some no longer retain their original outline, having been disturbed by the passage […]
The George Enescu Philharmonic Orchestra will deliver on June 26 a concert marking Romania Day at the Osaka World Expo. Additionally, the Bucharest-based orchestra will present a series of other concerts and recitals, both within the Romanian Pavilion and outside, at Toyonara Hall in Osaka. The George Enescu Philharmonic Orchestra's concerts will be conducted by […]
Sphera Franchise Group, the largest food service group in Romania, has opened its first Cioccolatitaliani store in the seaside resort of Riccione, in Italy’s Rimini tourist area. This marks the official launch of Sphera Group’s development plan for the premium Italian brand of coffee, gelato, and pastry. Under the plan, it will open four locations […]
