Archive » October 2008 » 10 October 2008 The english news from 10 October 2008
Romanian Banks To Use Electronic Processing For Checks, Bills
The central system for the automatic discount of debit instruments, namely checks and bills, will become functional Friday, while the transaction fee is over 50% lower than the paper system, Transfond announced.…
Financial companies fall 7.43% on BSE, while the rest of the market ends session in slight drop
The index of the five financial companies in Romania (SIFs) plunged more than 7 percent on the Bucharest Stock Exchange (BSE) at the end of the day, while the rest of the market dipped slightly, on a higher liquidity compared to the previous three sessions.…
The leu and stock exchange dance to African tunes
The leu appreciated sharply on the foreign exchange market, bouncing back later to RON 3.75/€1, some 5 percent below Tuesday's reference rate. For the most part, the appreciation trend was a regional one, as major central banks, including the Federal Reserve…
1,500 euros - Bucharesters' average salary
Private sector employees in Bucharest and the surrounding Ilfov county earn 1,450 euros in gross salary each month, 120% more than employees in companies that operate in North-Eastern Romania and 30% more than those in the Western part of Romania…