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.
Optional pension funds in Romania can allocate up to 10% of their total assets to private equity investment funds in Romania, the EU, and OECD countries.
BCR achieved a net profit of RON 742 million (€149 million) during Q1 2025, marking a 19.8% increase compared to the RON 620 million (€125 million) in Q1 2024
A study by Forvis Mazars Group reveals that while C-suite executives in Romania and CEE remain largely optimistic about growth.
OMV Petrom concluded the first quarter of this year with a net profit of RON 1.07 billion (€200 million), a 24% decrease compared to the same period in 2024.
Engie Romania has announced the acquisition of a 54 MW wind farm project in Mereni, Constanța. The deal contributes to the company's goal of reaching 1 GW of installed capacity.