The Impact of External Debt on Exchange Rate Variation in Romania

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
DOAJ: https://doaj.org/article/425da75c82664d1cade93ac72883e2dd
Language: English
Pages: 104-115 (12)
JEL classification: H63, F31
Website: https://www.economics-sociology.eu/?282,en_the-impact-of-external-debt-on-exchange-rate-variation-in-romania
File https://www.economics-sociology.eu/files/12_74_Bunescu.pdf
Abstract

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.