Economy | 5 May, 2025 at 1:21 PM
Romanian Leu falls against major currencies
The Romanian currency leu has depreciated on Monday against major currencies, following the first round of presidential elections in Romania.
The Romanian currency leu has depreciated on Monday against major currencies, following the first round of presidential elections in Romania.
iBanFirst estimates that the dollar index could increase by 10% over five years—thus reinforcing the overvaluation of the US currency compared to its main counterparts.
In 2024, the strength of the dollar could trigger a new currency war. The market is concerned about the risk of competitive devaluations in Asia to counter the strong dollar.
Knauf Insulation has inaugurated its new glass mineral wool factory in Romania, marking the group's single largest investment in CEE.
The National Energy Regulatory Authority (ANRE) has approved the National Natural Gas Transmission System (SNT) Development Plan for 2024–2033, updated for 2025.
Arobs, the largest Romanian tech company listed on the BVB, has purchased a 65% majority stake in Gess Engineering, a Romanian engineering company.
The EC has adopted a comprehensive transport package aimed at accelerating the roll-out of Europe's high-speed rail network and boosting investment in renewable...
Nearly half of Romanian managers (41%) anticipate an economic downturn in the country in 2026, driven by a challenging economic and political context.