The Magyar Nemzeti Bank assigns great importance to make those central bank materials available for the wider public in an easily intelligible manner which analyse economic and financial developments of public interest. This publication, which contains four studies, is the first issue of the second year of the MNB Bulletin. Three articles examine current issues of the Hungarian economy, namely banks’ liquidity risk, corporate investment, as well as the relationship between foreign exchange market transactions and macroeconomic information, while in one article the central bank aspects of the monetary base are discussed from a theoretical point of view.
The Editorial Board
The complete volume can be downloaded here: MNB Bulletin June 2007
The articles of this volume can be downloaded below:
How resilient are Hungarian banks to liquidity shocks? (by Tamás Balás and Csaba Móré)
Unfavourable investment data – risks to economic growth? (by Péter Gál)