{"id":76926,"date":"2013-01-17T11:50:41","date_gmt":"2013-01-17T11:50:41","guid":{"rendered":"https:\/\/bm.dev.synology.me\/?p=76926"},"modified":"2026-04-03T10:13:32","modified_gmt":"2026-04-03T10:13:32","slug":"ziarul-financiar-va-prezinta-in-exclusivitate-cele-doua-foi-a4-care-valoreaza-cateva-miliarde-de-euro-si-care-au-dus-la-scaderea-cursului-la-433-lei-euro","status":"publish","type":"post","link":"https:\/\/bm.dev.synology.me\/?p=76926","title":{"rendered":"Ziarul Financiar v\u0103 prezint\u0103 \u00een exclusivitate cele dou\u0103 foi A4 care valoreaz\u0103 c\u00e2teva miliarde de euro \u015fi care au dus la sc\u0103derea cursului la 4,33 lei\/euro"},"content":{"rendered":"<p>\nAnun\u0163ul-surprinz\u0103 al gigantului financiar american JP Morgan de a include titlurile \u00een lei emise de statul rom\u00e2n \u00eentr-un indice al pie\u0163elor emergente, dup\u0103 o decizie similar\u0103 de la sf\u00e2r\u015fitul anului trecut a britanicilor de la Barclays, va cre\u015fte vizibilitatea Rom\u00e2niei pe pie\u0163ele externe \u015fi interesul investitorilor, dar creeaz\u0103 \u015fi anumite vulnerabilit\u0103\u0163i.<\/p>\n<div>\nPrimul efect al acestei decizii a fost aprecierea leului la Bucure\u015fti cu 1,2% \u00eentr-o singur\u0103 zi, cursul cobor\u00e2nd pe palierul de 4,33 lei\/euro de la 4,38 lei, ajung\u00e2nd la minimul ultimului an. Leul a c\u00e2\u015ftigat peste patru procente \u00een fa\u0163a euro \u00een ultima lun\u0103 \u015fi jum\u0103tate pe fondul sentimentului pozitiv al str\u0103inilor, care au cump\u0103rat un volum important de titluri de stat la licita\u0163iile din decembrie \u015fi ianuarie.<\/div>\n<p>\n\u00cen acest moment, titlurile de stat \u00een lei, \u00een func\u0163ie de scaden\u0163\u0103, se tranzac\u0163ioneaz\u0103 la un randament (dob\u00e2nd\u0103 efectiv\u0103) cuprins \u00eentre 5,85 \u015fi 5,94% pe an. \u00cencep\u00e2nd din decembrie dob\u00e2nda a sc\u0103zut, iar cererea de titluri \u00een lei a crescut exponen\u0163ial. Fiind \u00eentr-un indice, cei care urm\u0103resc acest indicator \u015fi care \u00eel v\u00e2nd investitorilor trebuie s\u0103 cumpere titluri de stat p\u00e2n\u0103 la procentul total alocat. \u00cen prima faz\u0103, titlurile rom\u00e2ne\u015fti au alocat un procent de 0,18%, ceea ce \u00eenseamn\u0103 achizi\u0163ia unor titluri \u00een lei de echivalentul a 1-1,5 mld. euro. Ponderea va cre\u015fte \u00een prima etap\u0103 la 0,3 \u00een totalul indicelui JP Morgan, pentru ca \u00een luna mai s\u0103 ajung\u0103 la 0,54%. Spre exemplu, Polonia de\u0163ine \u00een acest moment 9% din acest indice.<\/p>\n<p>\n&#8220;Includerea \u00een indicele JP Morgan ne va sprijini \u00een atingerea \u0163intei noastre strategice, ca ponderea nereziden\u0163ilor la de\u0163inerile de titluri s\u0103 urce \u015fi s\u0103 se stabilizeze \u00eentr-un interval de 15-20%. Odat\u0103 ce aceast\u0103 pondere se va stabiliza, vom putea vorbi practic ca despre o for\u00adm\u0103 de investi\u0163ii str\u0103ine directe permanente \u015fi nu ca despre \u00abhot money\u00bb (capitaluri speculative &#8211; n. red.) ale c\u0103ror mi\u015fc\u0103ri bru\u015fte puteau brusca p\u00e2n\u0103 nu de mult pia\u0163a&#8221;, afirm\u0103 Enache Jiru, secretar de stat \u00een Finan\u0163e. El este responsabil cu Trezoreria sta\u00adtului de numai cinci luni \u00een condi\u0163iile \u00een care doar pe parcursul ultimului an au existat trei manageri ai datoriei publice: Bogdan Dr\u0103goi, Cristian Spori\u015f \u015fi din august Enache Jiru.<\/p>\n<p>\n<a href=\"http:\/\/www.zfcorporate.ro\/banci-asigurari\/includerea-titlurilor-de-stat-in-lei-intr-un-indice-global-a-dus-la-scaderea-cursului-spre-4-33-lei-10478158\"><strong>Citi\u0163i articolul integral pe www.zfcorporate.ro<\/strong><\/a><\/p>\n<p>\n<img loading=\"lazy\" decoding=\"async\" align=\"absbottom\" alt=\"\" height=\"166\" src=\"http:\/\/storage0.dms.mpinteractiv.ro\/media\/401\/341\/5531\/10480134\/3\/1-citate.jpg?width=638&#038;height=166\" vspace=\"10\" width=\"638\" \/><\/p>\n<p>\n<img loading=\"lazy\" decoding=\"async\" align=\"left\" alt=\"\" height=\"374\" hspace=\"10\" src=\"http:\/\/storage0.dms.mpinteractiv.ro\/media\/401\/341\/5531\/10480134\/2\/1-curs.jpg?width=400&#038;height=374\" vspace=\"10\" width=\"400\" \/><\/p>\n<p>\n&nbsp;<\/p>\n<p>\n&nbsp;<\/p>\n<p>\n&nbsp;<\/p>\n<p>\n&nbsp;<\/p>\n<p>\n&nbsp;<\/p>\n<p>\n&nbsp;<\/p>\n<p>\n&nbsp;<\/p>\n<p>\n&nbsp;<\/p>\n<p>\n&nbsp;<\/p>\n<p>\n&nbsp;<\/p>\n<p>\n&nbsp;<\/p>\n<p>\n&nbsp;<\/p>\n<p>\n&nbsp;<\/p>\n<p>\n&nbsp;<\/p>\n<p>\n&nbsp;<\/p>\n<p>\n&nbsp;<\/p>\n<p>\n<!--[if gte mso 9]><xml>\n<w:WordDocument>\n<w:View>Normal<\/w:View>\n<w:Zoom>0<\/w:Zoom>\n<w:PunctuationKerning \/>\n<w:ValidateAgainstSchemas \/>\n<w:SaveIfXMLInvalid>false<\/w:SaveIfXMLInvalid>\n<w:IgnoreMixedContent>false<\/w:IgnoreMixedContent>\n<w:AlwaysShowPlaceholderText>false<\/w:AlwaysShowPlaceholderText>\n<w:Compatibility>\n<w:BreakWrappedTables \/>\n<w:SnapToGridInCell \/>\n<w:WrapTextWithPunct \/>\n<w:UseAsianBreakRules \/>\n<w:DontGrowAutofit \/>\n<\/w:Compatibility>\n<w:BrowserLevel>MicrosoftInternetExplorer4<\/w:BrowserLevel>\n<\/w:WordDocument>\n<\/xml><![endif]--><\/p>\n<p><!--[if gte mso 9]><xml>\n<w:LatentStyles DefLockedState=\"false\" LatentStyleCount=\"156\">\n<\/w:LatentStyles>\n<\/xml><![endif]--><!--[if gte mso 10]>\n\n\n<style>\n\/* Style Definitions *\/\ntable.MsoNormalTable\n{mso-style-name:\"Table Normal\";\nmso-tstyle-rowband-size:0;\nmso-tstyle-colband-size:0;\nmso-style-noshow:yes;\nmso-style-parent:\"\";\nmso-padding-alt:0cm 5.4pt 0cm 5.4pt;\nmso-para-margin:0cm;\nmso-para-margin-bottom:.0001pt;\nmso-pagination:widow-orphan;\nfont-size:10.0pt;\nfont-family:\"Times New Roman\";\nmso-ansi-language:#0400;\nmso-fareast-language:#0400;\nmso-bidi-language:#0400;}\n<\/style>\n\n\n<![endif]--><\/p>\n<p>\n&nbsp;<\/p>\n<p>\n&nbsp;<\/p>\n<p>\n<strong>Extrase din comunicatul JP Morgan care a bulversat pie\u0163ele financiare \u015fi a apreciat leul. P\u00e2n\u0103 la urm\u0103 tot gigan\u0163ii de pe Wall Street, at\u00e2t de huli\u0163i \u00een octombrie 2008, c\u00e2nd erau s\u0103 duc\u0103 \u00een colaps tot sistemul financiar mondial, determin\u0103 orice mi\u015fcare financiar\u0103 de pe glob.<\/strong><\/p>\n<p>\n<a href=\"http:\/\/storage0.dms.mpinteractiv.ro\/media\/401\/341\/5531\/10480134\/4\/jpmorgan1.jpg\"><img loading=\"lazy\" decoding=\"async\" align=\"absbottom\" alt=\"\" border=\"1\" height=\"494\" src=\"http:\/\/storage0.dms.mpinteractiv.ro\/media\/401\/341\/5531\/10480134\/4\/jpmorgan1.jpg?width=639&#038;height=494\" vspace=\"10\" width=\"639\" \/><\/a><\/p>\n<p>\n<a href=\"http:\/\/storage0.dms.mpinteractiv.ro\/media\/401\/341\/5531\/10480134\/5\/jpmorgan2.jpg\"><img loading=\"lazy\" decoding=\"async\" align=\"absbottom\" alt=\"\" border=\"1\" height=\"494\" src=\"http:\/\/storage0.dms.mpinteractiv.ro\/media\/401\/341\/5531\/10480134\/5\/jpmorgan2.jpg?width=639&#038;height=494\" vspace=\"10\" width=\"639\" \/><\/a><\/p>\n<p>\n&nbsp;<\/p>\n<p>\n&nbsp;<\/p>\n<p>\n&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Includerea titlurilor de stat \u00een lei \u00eentr-un indice global a dus la sc\u0103derea cursului spre 4,33 lei\/\u20ac<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[510],"tags":[185,7733,31067,9414,19018,17988],"class_list":["post-76926","post","type-post","status-publish","format-standard","hentry","category-actualitate","tag-bnr","tag-curs-valutar","tag-facsimil","tag-jp-morgan","tag-piete-emergente","tag-titluri-de-stat"],"_links":{"self":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/76926","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=76926"}],"version-history":[{"count":1,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/76926\/revisions"}],"predecessor-version":[{"id":90273,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/76926\/revisions\/90273"}],"wp:attachment":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=76926"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=76926"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=76926"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}