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.
Energy company Electrica informs investors and the capital market that it has obtained the technical grid connection permits (ATR) for 17 new battery energy storage projects (BESS), with a total capacity of approximately 700 MWh.
The European Retail Banking Radar, Kearney's latest study now in its 18th edition, shows that Europe is entering a period of normalisation following the conditions of 2023–2025. For Romania, the challenge extends beyond the normalisation of interest rates.
Digi Spain has announced its intention to launch an initial public offering (IPO) on the Spanish stock exchanges, aiming to raise approximately €150 million.
Romania's national electricity transmission network operator, Transelectrica, has halted scheduled maintenance shutdowns to ensure the grid operates at maximum capacity during an ongoing extreme heatwave. The preventive measures aim to mitigate operational risks associated with severe weather conditions.
The European Commission has approved, under EU State aid rules, Romanian measures for the national investment and development bank Banca de Investiții și Dezvoltare (BID).