BNR exchange rate, May 25, 2023. At the BNR rate on Tuesday, the European currency had a negative variation compared to the previous day, being quoted at 4.9624 lei. On the other hand, the American dollar also decreased, being counted at 4.6046 lei. European markets closed with mixed losses, while global markets stumbled slightly, with giant Philips up 14%. It remains to be seen what will happen at the end of today.
European stock markets had mixed losses for Wednesday BNR exchange rate for May 25, 2023. What’s happening with the euro today?
European stock markets closed mixed on Monday as the first-quarter earnings season gets underway. The pan-European Stoxx 600 ended the session tentatively little changed, with shares in the technology sector down 1.1% and those in the financial services sector down 0.6%.
Credit Suisse posted profits for what could be the last time in its 167-year history, following its emergency sale to UBS. The Swiss lender revealed it suffered net asset outflows of $68.6 billion during its first-quarter collapse.
The closely watched Ifo business climate survey showed a slight improvement in German company sentiment for April, with expectations for the future improving, particularly in manufacturing, although assessments of their current situation were worse.
The exchange rate of the day. What is happening today with the main currencies
Today we have a new BNR exchange rate, and we will see after 13:00 what happens to the Euro and the Russian ruble, in the context of the current economic-geo-political situation.
The new BNR CURS is the one published at today’s rate, after 1:00 p.m.
BNR exchange rate for May 25, 2023: Euro
1 euro = Lei ( Lei)
One euro has the exchange rate presented at the value of Lei, along with a negative variation of Lei.
BNR exchange rate for May 25, 2023: Dollar
1 dollar = Lei (Lei)
One dollar has the rate presented at the value of Lei, along with a negative variation of Lei.
NBR exchange rate for May 25, 2023: Pound sterling
1 Lira = Lei (Lei)
A pound sterling has the exchange rate shown at the value of Lei, along with the negative variation of Lei.
The giant Philips grew by 14%
Dutch medical technology firm Philips posted growth of up to 14%, reporting better-than-expected sales and profit, but a widening net loss due to restructuring and a provision for litigation. On the other hand, shares of Swedish game company Embracer rose 9% on positive reviews of its latest game Dead Island 2, released on Friday, was well received by users and critics with mixed reactions.
German industrial company Thyssenkrupp slipped to the bottom of the Stoxx 600 index, with shares down 11%. The company announced that its CEO Martina Merz wants to step down, but did not give any reason for the decision.
Read also: Russia and the cost of the invasion of Ukraine: the ruble has become worthless paper
NBR exchange rate for May 25, 2023: Russian ruble
1 ruble = Lei (Lei)
A ruble has the exchange rate presented at the value of Lei, along with the positive variation of Lei.
The ROBOR index established by the BNR on May 25, 2023
According to the official data published by the BNR, the ROBOR Index remained low compared to the previous day, as follows:
- ROBOR index at one month: 6.12
- ROBOR index at three months: 6.55
- Six-month ROBOR index: 6.66
- Twelve-month ROBOR index: 6.86
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