10:26 Romania’s Foreign Affairs Minister Bogdan Aurescu is paying an official visit to Lithuania on Monday and Tuesday (March 13-14), where he will discuss with his Lithuanian counterpart Gabrielius Landsbergis and with Lithuania’s Speaker of the Seimas (Parliament of Lithuania) Viktorija Cmilyte-Nielsen, about Romania’s accession to Schengen, the war in Ukraine and its impact on the region, according to the Foreign Affairs Ministry (MAE).
21:31 Romania’s Finance Ministry raised RON623 million on Monday (March 13) selling bonds maturing in 2027, at an annual average yield of 7.26%, National Bank of Romania (BNR) data showed.
10:19 Romania’s annual inflation rate increased to 15.52% in February 2023 from 15.07% in the previous month and topping market forecasts of 15.3%.
10:15 The Bucharest Stock Exchange (BVB) lost 5.5 billion RON in capitalisation, 2.49%, last week, and the value of share transactions decreased by 20.5%, compared to the previous week, data released by the BVB showed.
COMPANIES & MARKET
10:11 As many as 3,374 companies were scraped in January 2023, up 41.17% y-o-y, the National Trade Registry Office (ONRC) data showed.
09:55 Posta Romana, Romania’s state-owned postal operator, the country’s biggest employer, wants to enter the local courier services market, Ziarul Financiar reported citing Valentin Stefan, general manager at Posta Romana.
09:50 Romania has paid over 30 million RON for free railway transport of refugees in 2022, the president of the Authority for Railway Reform, Stefan Roseanu told AGERPRES.
|EUR 4.9155||GBP 5.5536|
|USD 4.6053||CHF 4.0341|
|BGN 2.5132||MDL 0.2475|
BNR INTEREST RATES
|15.52% (Feb. 2023) BNR Target 2022: 2.50% (variation band: ± 1pp)|
BUCHAREST STOCK EXCHANGE (BVB) INDICES
|BET -0.81%, BET-TR -0.81%, BET-FI 0.27%, BET-NG -1.92%, BET-XT –0.89%,|
BETXT-TR –0.89%, BET-BK -1.50%, RO-TX -0.66%, BETAeRO -1.53%
CAPITAL MARKET COMMENTARY
|Bucharest stocks traded in the red on Monday in line with rest of Europe where major markets ended the trading session in the negative territory as the collapse of the Silicon Valley Bank continued to send ripples through financial institutions.|
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