Romania ranks 2nd among iBanFirst's 10 European markets by average value of forward transactions carried out through the platform (€231,000).
The USD/RON pair is unlikely to experience a significant drop, given the strength of the U.S. dollar. If the rate approaches the 4.44 level, it could trigger a technical rebound.
Alin Latu has seven years of expertise in the foreign exchange market and international payments. For the past three years, he served as Country Manager for iBanFirst Romania.
In 2024, Romania's economy is expected to continue its growth trend, but at a more moderate pace.
Over the last two years, geopolitical tensions have escalated across the world, fragmenting the global trade landscape.
Romanian consumers are becoming increasingly pessimistic about the country's economic and political outlook while continuing to prioritise spending and aggressively seek value, according to the latest Consumer Sentiment Survey by Boston Consulting Group (BCG).
Visual Fan has completed the energisation phase of its Full EPC BESS project in Teiuș, featuring a storage capacity of 120 MWh.
The TechAngels Board has appointed Ana Maria Andronic as President for a mandate lasting until next year's internal elections.
Romanian entrepreneur Iulian Stanciu has announced the sale of his stake in eMAG Group to Prosus, 17 years after taking over the company and 14 years after signing the partnership with Naspers (Prosus).
Romania's National Commission for Strategy and Prognosis (CNSP) has cut its 2026 economic growth forecast by 0.9 percentage points to just 0.1%, down from the previous 1% projection, citing current macroeconomic conditions.