Cibotaru, Vitalie; Neumann, Rainer; Cuhal, Radu; … - Volkswirtschaftliche Fakultät, … - 2011
It has been noted that there is an inconsistency between Moldova's monetary authorities' declared pursuit of price stability and the de facto exchange rate peg. This paper looks into the exchange rate regime of the Moldovan leu (MDL) aiming to identify the de facto regime, to test whether it can...