Currency

Flash Eurobarometer survey finds 75 pct of Romanians favor switch to euro

Romania has the highest percentage of respondents with a positive opinion about the introduction of the European single currency - 75 percent, found the latest Flash Eurobarometer survey released on Friday, which shows that the switch to the euro enjoys broad support in EU member states that have not yet adopted it.

AgriMin Oros: AFIR receives 256 financing requests for installing young farmers, Diaspora component

The Rural Investment Financing Agency (AFIR) received 256 requests for financing, worth approximately 10.5 million euro, through the sub-measure regarding the installation of young farmers, the component dedicated to the Diaspora, the Minister of Agriculture, Adrian Oros, announced on Tuesday.

CFA Romania analysts anticipate budget deficit of 6.4 pct of GDP in 2021

Financial analysts anticipate this year's budget deficit will be 6.4 percent of GDP and the inflation rate over a 12-month time horizon, respectively June 2022 - June 2021, to be 3.75 percent, Romania's chartered financial analysts association CFA Romania said in a release. At the same time, none of the survey participants predicts a decrease in the inflation rate in the next 12 months.

Turkish Central Bank's reserves climb to $92 bln in May

The Turkish Central Bank's reserves amounted to $92 billion at the end of May, according to data released on June 28. 

Total reserve assets saw a monthly increase of 4.6%, according to the bank's international reserves and foreign currency liquidity report.

Foreign currency reserves-  in convertible foreign currencies- totaled $46.5 billion, up 2.3% on a monthly basis.

Ankara in talks with four countries for swap deals

The Turkish Lira cheered Central Bank Governor Şahap Kavcıoğlu's announcement late on June 22 that the country was in talks to secure currency swap agreements with four countries and was close to a deal with two of them.

Kavcıoğlu's remarks came during a meeting with bank executives, according to media reports.

Basis Of Price Fluctuations In The World Of Cryptocurrency

Right from the dawn of time, there has almost never been a more volatile system than the operations of cryptocurrency. After being launched in 2009 officially, the world of cryptocurrency has been gliding up and down the charts of prices. At one point or the other, control of these fluctuations has been the dream of every investor or at least crossed their mind.

Pages