Theoretical and Applied Economics
No. 8 / 2006 (503)
Impact of Exchange Rate Fluctuation to the Romanian Foreign Currency Reserve
Academia de Studii Economice Bucuresti
Abstract. In this article, we intend to indentify the impact of the currency rate of exchange variation of the two main currencies which represent Romania’s foreign currency reserve and the stress test it submits the latter. Up to the present moment there not established a cause-effect relationship or correlation between the foreign currency exchage rate was variation and the foreign currency reserve. In this respect we used an econometrics model based on cointegration analysis of the three series of data corresponding to the period of time 31.01.1995-31.06.2006 (the EURO exchange rate, the USD exchange rate and the foreign currency reserve).
Keywords: market; exchange rate; currency; currency reserves; money.
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Contents
- Sustainable development at tax-deductible costs or how to assure sustainable development by one’s way of living
Willem Adrianus de Bruijn
- Issues of Performance Analysis – A Critical Approach in the Context of Information and Corporate Governance Theories
Vasile Robu
Raluca Sandu
- Economic Transformation of European Union in the Context of Kondratieff Cycles
Marin Dinu
Marius Marinas
-
Indicators System for Poverty Measurement
Constantin Anghelache
Alexandru Isaic-Maniu
Constantin Mitrut
Vergil Voineagu
- Corporate Governance, Essential Lever
of the Policy for Stockholders Wealth Maximization
and its Contemporary Complements
Niculae Feleaga
Liliana Feleaga
- The European Model: Economic Growth,
Convergence and Cohesion
Cristian Socol
Aura Socol
- Investment Process in Territorial Government Sectors
Costantin Roman
Aureliana Geta Roman
Cleopatra Sendroiu
- Market and Money: Economic Instruments
of Political Europe
Iulian Brasoveanu
Florina Pînzaru
- Intangible Assets – Important Resources for Performant Enterprise Gestion
Corina Grosu
Alina Almasan
- Impact of Exchange Rate Fluctuation
to the Romanian Foreign Currency Reserve
Lavinia Diana Vasile
- Labour Force Migration Effects within European Union
Carmen Mihaela Tudorache
