TITLE

HUF Weakness Poses Risk For Housing Credits

PUB. DATE
October 2007
SOURCE
Emerging Europe Monitor: Central Europe & Baltic States;Oct2007, Vol. 14 Issue 10, p3
SOURCE TYPE
Country Report
DOC. TYPE
Country Report
ABSTRACT
The article presents an outlook for the Hungarian forint (HUF) in 2007. The global financial market crises weakens the exchange rate of the Hungarian forint. If such negative effect continues, it could present serious economic problems to Hungary. The author notes that the negative effect of global financial crises on forint also has implications for the mortgage lending and housing markets in Hungary.
ACCESSION #
26551291

 

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