The main objective of this theme is based on calculating and adjusting the real equilibrium exchange rate, which should provide the equilibrium level of the current account by the application of the concept of macroeconomic balance approach. The paper used empirical and statistical methods of multiple linear regression establishing equilibrium relationship between the current account and the fundamental variables variables. Predictors variables account for fiscal balance, demographic variables, the growth of real income, net foreign assets, oil balance, economic growth, economic crisis and financial center. As a result of the research will show the deviation of the current real and the equilibrium exchange rate, which should be eliminated to the current account reached its equilibrium level. In addition we will create predictions about the direction in which to go. The practical implications are reflected in the integration with the International Monetary Fund in the field of performing the values for the equilibrium exchange rate and current account deficit on the basis of a specific model.

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