01748cas a2200241 a 4500 AALejournalIMF005391 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451818093 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Hungary : 2008 Article IV Consultation; Staff Report; Staff Supplement; and Public Information Notice on the Executive Board Discussion. Washington, D.C. : International Monetary Fund, 2008. 1 online resource (46 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The Article IV Consultation highlights the financial system risks that have increased reflecting both the global financial market turbulence and continued rapid credit growth in Hungary. With most new borrowing in foreign currency, the private sector's net foreign currency liabilities increased. Monetary policy has been appropriately tightened, and the elimination of the exchange rate band has removed a potential conflict between monetary policy objectives. Executive Directors called for enhanced collaboration with foreign supervisory authorities given Hungarian banks' close links with financial institutions abroad. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2008/313 Full text available on IMF http://elibrary.imf.org/view/journals/002/2008/313/002.2008.issue-313-en.xml IMF e-Library