IMPACT OF IMF AGREEMENT ON EXCHANGE RATE. THE ROMANIAN CASE

Cătălina Hândoreanu
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Cătălina Hândoreanu: Bucharest Academy of Economic Studies

Theoretical and Applied Economics, 2011, vol. 5(558)(supplement), issue 5(558)(supplement), 770-777

Abstract: The present paper aims to analyze the impact of the Agreement between Romania and the International Monetary Fund on the EUR/RON exchange rate. After highlighting the central the exchange rate plays for the Romanian economy, the article studies how economic and financial crisis has spread into the economy and how the financial aid provided by international pole coordinated by the IMF has reflected on macroeconomic developments. Conclusions are related to the need for ongoing macro-economic restructuring, so that the loan would prove useful on the medium and long term.

Keywords: exchange rate; financial crisis; financial aid; International Monetary Fund; Romania. (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:agr:journl:v:5(558)(supplement):y:2011:i:5(558)(supplement):p:770-777

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