Euro a solution for currency risk: Hungary's Simor
Euro adoption could help eliminate potentially dangerous currency mismatches, said Andras Simor, the governor of the National Bank of Hungary.
Speaking at a European Central Bank conference, Simor said that although one of the perceived risks of euro adoption was large and potentially disruptive capital inflows after entry, Hungary had experienced similar problems despite staying out of the eurozone.
The governor added that the conduct of independent monetary policy was also difficult in the
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
More on Monetary Policy
Data ‘does not warrant’ July cut by ECB, Schnabel says
Eurozone inflation risks remain tilted to the upside, ECB board member warns
Bernanke urges regular policy reviews at BoE
Former Fed chair recommends reviews of “policy implementation and framework”
Fed policy-makers express frustration over price rises
Officials draw differing conclusions on the outlook for the labour market
Short- and long-term US inflation expectations rise
Home price expectations also tick upwards as the last mile of inflation proves difficult
China holds key rate flat
Move comes two days before PBoC starts selling long-term sovereign bonds
QE helped smooth sovereign bond yields, ECB paper finds
Eurosystem’s asset purchases helped reduce effect of “auction cycle”, researcher says
Research queries monetary policy ability to curb financial crises
“Leaning against the wind” is unlikely to work, New York Fed paper argues
Neutral interest rate likely to rise, paper finds
Several factors are pushing rate upwards, Bank of Canada researchers say
Most read
- Trends in reserve management 2024: survey results
- People: RBI appoints senior officials
- China to start selling ultra-long term sovereign bonds