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
Date Written: June 03, 2011
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: Suggested Citation