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
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