HUF/EUR: Room For Further Appreciation

July 2011
Emerging Europe Monitor: Central Europe & Baltic States;Jul2011, Vol. 18 Issue 7, p1
Country Report
The article discusses the current and the forecasted economic growth in Hungary for the next few months following the first quarter in 2011. It notes that the country is currently experiencing a remarkable economic growth, and forint which is the country's basic unit of money has been predicted to increase its value. The growth was driven by the surging of several key indicators including a strong export growth, capital movements, and a higher interest rate differential compared with Euro.


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