IDEAS home Printed from https://ideas.repec.org/a/rau/journl/v4y2009i3p51-60.html
   My bibliography  Save this article

Leu Versus Euro In The Light Of Romania Joining E.M.U. And The Global Financial Crisis

Author

Listed:
  • Iulia Andreea Bucur

    (University of Bacău)

Abstract

The european single currency has marked and will continue to mark significant changes european countries, including those who are not yet included in the euro area, but which apply to European economic and monetary integration. The status of member state of the European Union from the 1st of January 2007 supposes that Romania will align the Economic and Monetary Union’s requirements in the frame of assuming the adopting of the european single currency in time horizon 2014. The present paper aims to offer an overview of the euro/romanian leu exchange rate evolution having as departure point Romania’s adhesion moment to European Union, the 1st of January 2007, outlining the main factors of influence that have led the trend of appreciation or depreciation of the national currency against european single currency under the economic and financial crisis. In the frame of the current international crisis Romania’s adhesion to the Economic and Monetary Union (EMU) in 2014 might be affected, resulting in increased effort it involves the performance criteria for nominal convergence.

Suggested Citation

  • Iulia Andreea Bucur, 2009. "Leu Versus Euro In The Light Of Romania Joining E.M.U. And The Global Financial Crisis," Romanian Economic Business Review, Romanian-American University, vol. 4(3), pages 51-60, September.
    • Handle: RePEc:rau:journl:v:4:y:2009:i:3:p:51-60
    as

    Download full text from publisher

    File URL: http://www.rebe.rau.ro/RePEc/rau/journl/FA09/REBE-FA09-A5.pdf
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rau:journl:v:4:y:2009:i:3:p:51-60. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Alex Tabusca (email available below). General contact details of provider: https://edirc.repec.org/data/ferauro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.