Hungary

Hungary was one of the emerging-market countries hardest hit by the financial meltdowns of fall 2008. MarketsWiki has recently posted several pieces under its Hungary financial markets profile 2008-09 entry that provide snapshots of the interest rate, currency and equities markets in Hungary following the 2008 credit crisis and subsequent events. The pieces focus on the devastating investment meltdown of October 2008 and their impact on Hungary into 2009 and beyond, analyzing the reactions of the Hungarian National Bank and foreign investors to the plunging currency and equity values.