-Romania’s financial sector attracted net foreign direct investment (FDI) flow of EUR1.6 billion in 2022, half the 2021 level, the National Bank of Romania (BNR) data showed.
-Romania’s industrial production prices for the total (domestic market and non–domestic market) dropped 3.3% in August 2023 y-o-y, data from Romania’s National Statistics Institute (INS) showed.
-Romania’s foreign exchange reserves stood at EUR59.23 billion last month, higher by EUR5.3 billion compared to August 2023, according to BNR data.
-In 2022, Romanians spent RON11.7 billion (EUR2.4 billion) in casinos, gambling halls, with the sum being a record high one, around 15% higher than in 2022, Ziarul Financiar reported.
-New car registrations in Romania went up by 15.46% to 110,011 units in January-September 2023 y-o-y, but decreased by 11.59% to 10,545 units in September 2023, according to the Romanian carmakers’ association (ACAROM).
-Total assets of insurance companies in Romania stood at RON26.3 billion at the end of the first quarter of 2023, up 2.5% on an annual basis, while debts stagnated at RON19.4 billion, up just 0.1% y-o-y, data from the country’s Financial Supervisory Authority (ASF) showed.
-September saw more than one million applications on the local labor market, the highest level since the start of the year, but also up 10% y-o-y, an analysis by eJobs, Romania’s largest online recruitment platform, reveals.
-Bucharest-listed state-owned Hidroelectrica said in a stock market report that Petre Iulian Nicolescu was appointed Chairman of the Supervisory Board on October 2.
-The Bucharest Stock Exchange is investing in the students’ future by renovating the 2101 Amphitheater in the Virgil Madgearu building at the Bucharest University of Economic Studies.
|EUR 4.9752||GBP 5.7500|
|USD 4.7387||CHF 5.1570|
|BGN 2.5438||MDL 0.2607|
(Source: National Bank of Romania BNR)
BUCHAREST STOCK EXCHANGE (BVB) INDICES
|BET -1.61%, BET-TR -1.61%, BET-FI -0.74%, BET-NG -1.66%, BET-XT -1.50%,|
BETXT-TR -1.50%, BET-BK -1.24%, RO-TX -1.44%, BETAeRO –0.80%
CAPITAL MARKET COMMENTARY
|Bucharest closed in the red as European Central Bank (ECB) President Christine Lagarde stated that future monetary policy decisions will depend on different criteria.|