Hungary’s forex dilemma

New angles

“The referendum is a further signal to both domestic and international corporates that, as Hungarian capital markets become more integrated into Europe, and cross-border flows increase, the need for more sophisticated financial instruments to manage market risk will develop in the run-up to EMU entry,” says Anne Louise Gibbins, an emerging markets specialist at JP Morgan Chase in London.

Hedging foreign currency risk, once rare, has become more common following the central bank’s decision to

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: