THE EFFECTS OF GLOBALIZATION ON SAVING IN CURRENCIES

Oana Oprisan and Cosmin Tileaga ()
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Oana Oprisan: Ovidius University, Constanta, Romania

Revista Economica, 2017, vol. 69, issue 3, 66-77

Abstract: Currency savings accounts are accounts maintained by commercial banks, savings and loan associations, credit unions, and mutual savings banks that pay interest but can not be used directly as money. These accounts let customers set aside a portion of their liquid assets that could be used to make purchases while earning a monetary return. So, it can be said that: the saving in foreign coin is negative related with real randament of actives in lei, this variably being seen as an estimation of option price for the renunciation at the realization of saving through the possession of actives in lei; the saving in foreign coin is positive related with the dynamic of nominal change course, this variably being considerated an estimation randament associated to saving of actives in this coin.

Keywords: saving; invest; inflation rate; deposits (search for similar items in EconPapers)
Date: 2017
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