摘要:The purpose of this article is to examine the influence of the following key
macroeconomic indicators: GDP, inflation rate, money supply, interest rate and
balance of payments on exchange rate of the Romanian leu against the most
important currencies (EUR, USD) during 2000-2010 period. The main
findings of our study are: it is an inverse relationship between exchange rate
EUR/RON, Gross Domestic Product, respectively money supply and a direct
relationship between exchange rate EUR/RON, inflation and interest rate. We
can not validate the correlation between exchange rate and Balance of payment,
because the test statistic is not significant.