Dumiak, Michael
January 2009
Bank Technology News;Jan2009, Vol. 22 Issue 1, p14
Trade Publication
The article reports on the business innovation across Eastern Europe and Asia during the financial crisis which rolled from the bond trading desks of Manhattan. It notes that some bank executives are hoping that the inflation will not rise quickly and that national bank will do their best to keep the currency stable. However, Hungarian economist Magdolna Sass believes that local economic stress and currency fluctuations are already impacting outsourcing providers, infrastructure and employees.


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