Economics & Sociology

ISSN: 2071-789X eISSN: 2306-3459 DOI: 10.14254/2071-789X
Index PUBMS: f5512f57-a601-11e7-8f0e-080027f4daa0
Article information
Title: The Impact of External Debt on Exchange Rate Variation in Romania
Issue: Vol. 7, No 3, 2014
Published date: 20-09-2014 (print) / 20-09-2014 (online)
Journal: Economics & Sociology
ISSN: 2071-789X, eISSN: 2306-3459
Authors: Liliana Bunescu
Keywords: exchange rate, direct external debt, private external debt
DOI: 10.14254/2071-789X.2014/7-3/8
Index PUBMS: 1ff5e777-aa13-11e7-8eae-080027f4daa0
Language: English
Pages: 104-115 (12)
JEL classification: H63, F31

Through this paper we aim to identify the existence or non-existence of a link between Romania's external debt components on medium and long term and the evolution of RON/EUR exchange rate. If a correlation will be identified, the paper aims to guantify numerical that correlation for selecting several determinants of the exchange rate. The paper check if external debt components may allow econometric modeling of exchange rate RON/EUR by using regression.