Theoretical And Practical Aspects Regarding The Exchange Rate And The Equilibrium Exchange Rate In Romania

@inproceedings{Ailinc2012TheoreticalAP,
  title={Theoretical And Practical Aspects Regarding The Exchange Rate And The Equilibrium Exchange Rate In Romania},
  author={Alina Georgeta Ailincă and Camelia Milea and Floarea Iordache},
  year={2012}
}
The integration within the Economic and Monetary Union requires the participation to the Exchange Rate Mechanism II (ERM II) and meeting the nominal convergence criteria set by the Maastricht treaty. Under these circumstances, it becomes crucial to establish the central parity upon entering ERM II as close as possible to the exchange rate of equilibrium of the national currency versus the Euro. This would support a harmonious economic development within the ERM II and, subsequently, within the… CONTINUE READING