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).
Contents
Sustainable development at tax-deductible costs or how to assure sustainable development by one’s way of living
New Informatization Strategy in the Romanian Research and Educational System
Issues of Performance Analysis – A Critical Approach in the Context of Information and Corporate Governance Theories
Economic Transformation of European Union in the Context of Kondratieff Cycles
Succes on the International Market Depends on Brand Strategy
Indicators System for Poverty Measurement
Corporate Governance, Essential Lever of the Policy for Stockholders Wealth Maximization and its Contemporary Complements
The European Model: Economic Growth, Convergence and Cohesion
Investment Process in Territorial Government Sectors
Market and Money: Economic Instruments of Political Europe
Intangible Assets – Important Resources for Performant Enterprise Gestion
Impact of Exchange Rate Fluctuation to the Romanian Foreign Currency Reserve
Labour Force Migration Effects within European Union
The Number of Human Population, a Statistical and Economical Synthesis of Alternative Evolution towards Demographical Explosion or Implosion