Romanian Market News

Romanian Market News In Brief – 26/10/2022



Euro trades at 4.8793 RON on Wednesday (Oct. 26), according to quotations announced by the banks authorised to operate on the currency market.


The general consolidated budget deficit rose to 3.04% of GDP after the first nine months of 2022, from 2.4% in the first eight months of the year, according to data published on Tuesday by the Ministry of Finance.


The total value of transactions on the regulated market of the Bucharest Stock Exchange (BVB) and the Multilateral Trading System (MTS)stood at 14.09 billion RON in the first half of 2022, up 53% y-o-y, but down 35% compared to the end of last year, according to the Financial Supervisory Authority (ASF).


Romania has a very serious problem of credibility in front of the big investors, which it will hardly be able to solve, due to the repeated changes in the legislation, Daniela Daraban, executive director of the Federation of Associations of Energy Utility Companies (ACUE) told the Romanian Economic Forum on Tuesday (Oct. 25).