Pressure On The Euro: Country Risk Of Croatia, Latvia And ...
Since the end of 2004, Latvia has pegged its exchange rate closely to the euro and in May 2005 finally joined the Exchange Rate Mechanism (ERM) with a formal 15% band. ... in addition to ex post analysis we employ projection, not forecasts or predictions. As mentioned above, we project the data with the last observed growth rates (or rates of ... ................
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