Stepping Back And Assessing The Risks

September 2007
Emerging Europe Monitor: Central Europe & Baltic States;Sep2007, Vol. 14 Issue 9, p11
Country Report
Country Report
The article forecasts on the unlikely currency devaluation in Latvia. The core view remains that the prospects of a currency devaluation is only a small risk at present. Question remains whether the asymmetries within the domestic economy are large enough to warrant such undertaking. Several reasons that will preclude a devaluation are provided.


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