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The Effects Of Globalization On Saving In Currencies

Author

Listed:
  • OPRISAN Oana

    (Ovidius University, Constanta, Romania)

  • TILEAGA Cosmin

    (Lucian Blaga University of Sibiu)

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.

Suggested Citation

  • OPRISAN Oana & TILEAGA Cosmin, 2017. "The Effects Of Globalization On Saving In Currencies," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 69(3), pages 66-77, August.
    • Handle: RePEc:blg:reveco:v:69:y:2017:i:3:p:66-77
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