(1) ... abandonment of own currency and irrevocable fixing or persistent stabilization on inadequate exchange rate level of national currency limits the space of establishing own economic policy of a country in case of recession: + (2) ... Croatia still needs its own development strategy in...

The rate movement of the local currency has different impacts on the entire economy, thus it is useful to study the methods of calculation of rates and to observe their development. The rate movement of each of the particular currencies in relation to the local currency gives definite...