Currency Risks Set To Rise Over Medium Term

September 2008
Emerging Europe Monitor: Central Europe & Baltic States;Sep2008, Vol. 15 Issue 9, p1
Country Report
This article presents an outlook for the economy of Hungary, as of September 2008. Investor sentiment has been uplifted by a statement issued by European Central Bank Governor Jean-Claude Trichet increasing its policy rate by 25 basis points. The Hungarian forint would likely be one of the most affected currencies in Europe should volatility return to European financial markets. Economic growth is expected to be weak because of a decrease in export forecasts.


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