Macroeconomic Forecast Croatia

January 2007 | Macroeconomic Forecasts

BMI View: The Croatian kuna is currently undergoing a period of seasonal weakness, in line with expectations. Once tourist-related revenues come back on stream in late-spring/early-summer 2007, we expect the unit to head towards the H106 all-time high of HRK7.2160/EUR. A break of this level will set up gains towards HRK7.1500/EUR, our end-2007

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