Exchange rate and foreign exchange market during the pre-accession of Romania to the European Monetary Union

Jenica Popescu and Dan Sichigea
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Dan Sichigea: University of Craiova

Finante - provocarile viitorului (Finance - Challenges of the Future), 2010, vol. 1, issue 12, 68-75

Abstract: This paper presents the evolution of exchange rate relative to major currencies, especially in 2008-2010 and forecast for 2011 to maintain relatively stable RON/Euro exchange rate around today. Since the exchange rate is expected to remain stable in the short term and the prospect of Romania's accession to the European Monetary Union in 2015 is still possible.

Keywords: dollar-leu exhcange rate; euro-leu exchange rate; central bank policies; European Monetary Union (search for similar items in EconPapers)
JEL-codes: E58 G01 (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:aio:fpvfcf:v:1:y:2010:i:12:p:68-75

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