Euro increases today and reaches the maximum of the past two weeks

Euro- LEU

Romanian National Bank (BNR) announced on Wednesday, April 3, an increasing reference course of 0.49 bani to RON/EUR 4.4228, the national currency quotations being over RON/EUR 4.42 in the first part of the interbank session.

Also, the currency for the American dollar increased from RON/EUR 3.4398 to 3.4471, with 0.73 bani.

The rate for the Swiss franc decreased slightly from RON/CHF 3.6372 to 3.6340.

The listings RON/USD and RON/CHF are calculated by the Romanian National Bank depending on the parity RON/EUR and the exchange rates EUR/USD and EUR/CHF.

The interests charged on Wednesday morning by the commercial banks for deposits in RON for one day term continued to decrease and reached 4.21-4.71 percent per year, after Tuesday when it reached 4.49 percent-4.99 percent.

The analysts from ING Bank consider that this decrease of rates is related to the mismatch between maturities of government securities that will be issued and the securities falling due this month.

“Most of the state security titles, totaling  RON 2.5 billion, planned to be issued in April have maturities of over one year, while securities worth RON 2.8 billion which reach the same end of term in April were issued on a short term. Therefore, it is possible that most of the amounts due in April will not change the maturity profile of the investment and remain in the market, “says a report released Wednesday by ING Bank.

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Photo source: business24.ro 

Laura Codruta Kovesi proposed as chief prosecutor for DNA Romania

Laura KovesiRomanian Prime Minister Victor Ponta named as chief prosecutor of the National Anticorruption Directorate (DNA), Laura Codruta Kovesi, and Tiberiu Nitu was named as General Prosecutor’s Office of the High Court of Cassation and Justice, according to AFP.ro .

The proposals were advanced on Wednesday morning, April 3, 2013 through a letter to the Superior Council of Magistracy (CSM) by the PM Victor Ponta as Interim Minister of Justice.

Bogdan Licu was also proposed for the position of first deputy general prosecutor, Codrut Olaru as deputy general prosecutor, Alina Bica as chief prosecutor of the Directorate for Investigating Organized Crime and Terrorism (DIICOT) and Elena Hosu as deputy chief prosecutor of DIICOT.

Kövesi Laura is the daughter of Ioan Lascu prosecutor who served from 1980 to January 15,  2010 as head of the Prosecutor’s Office of Court Medias. Her brother, Sergiu Lascu, in 2010 became deputy director of Information Technology and Communication Department Transgaz. Between 1991-1995 she studied  the Faculty of Law at Babes-Bolyai University.

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photo source: http://www.viatalibera.ro