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Economy / Croatia

Macroeconomic Forecast Croatia

November 2006 | Macroeconomic Forecasts

BMI View: The pace of reserve accumulation has accelerated during 2006, and rose nearly 30% y-o-y in the June-August period. With upside currency pressures as the country nears EU accession, we anticipate capping kuna gains will remain on the central bank's priority list going forward. We have upped our 2007 and 2008 reserve forecasts to US$11.3bn and US$12.0bn

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