Abstract
In this paper we briefly summarise the most important factors affecting the choice of the currency basket. First we discuss the aspects of monetary and exchange rate policy, and then we turn our attention to the “risk management” aspects. We argue that the development in Hungarian financial markets makes some aspects less important in this choice. We also report our calculations on the optimal structure of the currency basket for Hungary. Finally, we also deal with some special problems – such as the introduction of the euro, which might also be relevant when choosing a currency basket.
Available only in Hungarian.
MF1998_12