Romania - Factors to Watch on Nov 3

Tue Nov 3, 2009 2:29am EST
 
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BUCHAREST, Nov 3 (Reuters) - Here are news stories, press reports and events to watch which may affect Romanian financial markets on Tuesday.

IMF MISSION VISIT

An IMF mission is in Bucharest to review Romania's progress in meeting conditions of a 20 billion euros aid package.

The team of experts is expected to meet trade unions representatives.

PRODUCER PRICES DATA

The National Statistics Board will release producer prices data for September at 0800 GMT.

ROMANIAN AID HINGES ON PROMPT BUDGET APPROVAL-IMF

Romania's approval of a 2010 budget by Dec. 10 is essential for Bucharest to receive quickly a third tranche of aid from the International Monetary Fund, a representative of the Fund told Reuters on Monday.

[ID:nL2364711]

ROMANIA END-OCT FX RESERVES EDGE UP TO 28.4 BLN EURO

The Romanian central bank's (BNR) foreign exchange reserves, excluding 103.7 tonnes of gold, edged up 63 million euros to 28.4 billion euros ($41.96 billion) in October, central bank data showed on Monday.

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