The Moldovan Leu: Recent developments and assessment of the equilibrium exchange rate

Abstract

"Background. Regional developments and worsening of domestic conditions in Moldova affected foreign exchange flows and in turn the exchange rate of the Moldovan Leu throughout 2014 and 2015.<br> Objective of this policy briefing: Estimation of the equilibrium exchange rate in order to assess if the market rate is in line with underlying fundamentals.<br> Structure: Part 1: Recent developments affecting the exchange rate. Part 2: Assessment of the equilibrium exchange rate. Part 3: Conclusions and policy implications" (Textauszug, IAB-Doku)

Cite article

Weber, E., Radeke, J. & Lücke, M. (2015): The Moldovan Leu: Recent developments and assessment of the equilibrium exchange rate. (German Economic Team Moldova. Policy Briefing 10/2015), Berlin, 20 p.