English, Article edition: REAL EXCHANGE RATE AND COMPETITIVENESS IN ROMANIA Ramona Toma

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Physical Description
  • article
Language
  • English

Edition details

Title
  • REAL EXCHANGE RATE AND COMPETITIVENESS IN ROMANIA
Author
  • Ramona Toma
Physical Description
  • article
Notes
  • RePEc:blg:journl:y:2006:v:1:p:60-65
  • The real exchange rate is one of the key economic variables determining country’s macroeconomic performance. It reflects international competitiveness of the domestic economy and has a direct impact on country’s export and import development. The equilibrium exchange rate is crucial as it directly influences external competitiveness, especially through export prices. In Romania, the long-run real appreciation of the domestic currency was determined by an improvement in terms of trade and net capital inflows.
  • real exchange rate, equilibrium, external competitiveness
  • RePEc:blg:journl:v:1:y:2006:i:1:p:60-65
Language
  • English
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