Shocks on the Romanian Foreign Exchange Market Before and after the Global Crisis

The Third Edition of the International Conference on Economics and Administration (ICEA 2011)

5 Pages Posted: 8 Feb 2018

See all articles by Ramona Dumitriu

Ramona Dumitriu

University Dunarea De Jos Galati

Razvan Stefanescu

University Dunarea De Jos Galati

Date Written: June 03, 2011

Abstract

This paper explores some changes induced on the Romanian foreign exchange market by the global crisis. We study these changes from the perspective of number and intensity of the shocks occurred before and after the global crisis. We found some significant differences, explainable not only by the direct effects of the crisis, but also by the intervention of the National Bank of Romania.

Keywords: Romanian Foreign Exchange Market, Shocks, Global Crisis, Monetary Policy, National Bank of Romania

JEL Classification: G14, G15, G01

Suggested Citation

Dumitriu, Ramona and Stefanescu, Razvan, Shocks on the Romanian Foreign Exchange Market Before and after the Global Crisis (June 03, 2011). The Third Edition of the International Conference on Economics and Administration (ICEA 2011) . Available at SSRN: https://ssrn.com/abstract=3113198

Ramona Dumitriu (Contact Author)

University Dunarea De Jos Galati ( email )

Romania

Razvan Stefanescu

University Dunarea De Jos Galati ( email )

Str. Domnească, nr. 47
Galati, 800008
Romania

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