ECONOMY
-Romania’s industrial production prices for the total (domestic market and non-domestic market) dropped 2.6% in November 2023 on an annual basis, data from Romania’s National Statistics Institute INS showed.
-Romania’s Finance Ministry raised RON757 million from banks on Thursday (Jan. 4) selling bonds with a nominal value of RON600 million due in May 2027, at an annual average yield of 6.3%, the National Bank of Romania data showed.
-New car registrations in Romania grew by 9.6% to 141,788 units in 2023, data from Romanian carmakers’ association ACAROM revealed.
-Romania’s foreign exchange reserves stood at EUR59.7 billion last month, up 28.1% on an annual basis, according to data by the National Bank of Romania.
TODAY’S MARKET
EXCHANGE RATES
| EUR 4.9744 | GBP 5.7711 |
| USD 4.5599 | CHF 5.3439 |
| BGN 2.5433 | MDL 0.2577 |
(Source: National Bank of Romania BNR)
BUCHAREST STOCK EXCHANGE (BVB) INDICES
| BET -0.11%, BET-TR 0.31%, BET-FI -0.41%, BET-NG 0.32%, BET-XT -0.12%, BETXT-TR 0.30%, BET-BK -0.02%, RO-TX0.05%, BETAeRO 1.89% |
CAPITAL MARKET COMMENTARY
| Bucharest stocks traded mixed on Friday as global sentiment falters amid much uncertainty about the U.S. Federal Reserve’s interest rate path. |
