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Ways of reflecting the foreign exchange transactions made by the currency exchange offices in Romania

Author

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  • Nicolae Ecobici

    (Constatin Brancusi University of Targu Jiu, Romania)

Abstract

As in the practice of the currency exchange offices in Romania I found the lack of a consistent method for reflecting foreign exchange transactions, in this paper I will present a comparison aiming to shed light on the correct method to be used by such entities. In this respect, I will compare the daily determination method with the monthly method (for both revenues related to the turnover and for foreign exchange differences).

Suggested Citation

  • Nicolae Ecobici, 2011. "Ways of reflecting the foreign exchange transactions made by the currency exchange offices in Romania," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 3, pages 75-84, September.
    • Handle: RePEc:cbu:jrnlec:y:2011:v:3:p:75-84
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