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.


Related Articles

  • Dollar Bounce.  // Emerging Markets Monitor;7/7/2008, Vol. 14 Issue 14, p1 

    The article reports on the strengthening of the value of the U.S. dollar in Europe on July 3, 2008. Based on the article, the recovery of the dollar was due to the decision of Jean-Claude Trichet of the European Central Bank (ECB) to stop increasing the refinancing rate in the region. Noted in...

  • Trichet wants a ministry to intervene across Europe. Thomas, Paul // Money Marketing;6/9/2011, p15 

    The article reports on European Central Bank president Jean Claude Trichet who has suggested the European Union (EU) to create a European finance ministry so that it can oversee fiscal and competitiveness policies across the EU.

  • European Union.  // Global Finance;Oct2011, Vol. 25 Issue 9, p62 

    The article offers information on the domination of the inability of the European Central Bank (ECB) and the European Union during the last few months of the presidency of Jean-Claude Trichet in the institution before it ends in October 2011.

  • Trichet Exits From ECB. Hawser, Anita // Global Finance;Nov2011, Vol. 25 Issue 10, p4 

    The article announces the resignation of Jean Claude Trichet as vice president at the European Central Bank (ECB) in the midst of the sovereign debt crisis that loomed larger in Europe.

  • Battle set over who will be Europe's Greenspan. Echikson, William // Christian Science Monitor;11/12/97, Vol. 89 Issue 243, p6 

    Focuses on the debate in the European Union over whether to choose Wim Duisenberg, former head of the Dutch Central Bank or Jean-Claude Trichet, governor of the Bank of France, as the head of the European Central Bank. Credentials each candidate has; The impact that the head of the European...

  • Recession Looms Large.  // Emerging Europe Monitor: Central Europe & Baltic States;Jan2009, Vol. 16 Issue 1, p1 

    The article predicts an economic recession in Hungary in 2009. It notes a revision to the Business Monitor Inc. (BMI) gross domestic product (GDP) growth forecast to -0.8%. Restrictive monetary and fiscal policy will reportedly contribute to weak consumption and export growth. According to the...

  • External Debt Growth To Slow.  // Emerging Europe Monitor: Central Europe & Baltic States;Sep2008, Vol. 15 Issue 9, p3 

    This article presents an outlook for the Hungarian external debt growth, as of September 2008. Despite a record growth of the Hungarian gross external debt at the end of first quarter, the total growth in year-on-year terms declined to its lowest level since the third quarter of 2006. Government...

  • Harry Newton's In Search of the Perfect Investment.  // In Search of the Perfect Investment;3/25/2009, p1 

    The article discusses issues related to the financial industry. The European Central Bank is resisting the method adopted by the U.S., Britain and Japan to crank up monetary printing presses in a bid to prop up their economies. Jean-Claude Trichet, president of the Central Bank, said that...

  • Key data: Non-listed sector.  // EuroProperty;2006, p26 

    The article reports that the European Central Bank (ECB) has left rates unchanged and warned of inflation threat in current fiscal year of 2007-08. According to Jean-Claude Trichet, the president of the ECB, strong vigilance against rising inflationary pressure was required. It is believed that...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics