Economy of Hungary account transactions, and subsequent to OECD membership in 1996, for almost all capital account transactions as well. Since 1995, Hungary has pegged the forint against a basket of currencies (in which the U.S. dollar is 30%), and the central rate against the basket is devalued at a preannounced rate, originally set at 0.8% per month, the Forint is now an entirely free-floating currency. The government privatization program ended on schedule in 1998: 80% of GDP is now produced by the private sector, and foreign owners control 70% of financial institutions, 66% of industry, 90% of telecommunications, and 50% of the
Ring main unit The unit may also include protective relays to operate the circuit breaker on a fault. Ring main unit In an electrical power distribution system, a ring main unit (RMU) is a factory assembled, metal enclosed set of switchgear used at the load connection points of a ring-type distribution network. It includes in one unit two switches that can connect the load to either or both main conductors, and a fusible switch or circuit breaker and switch that feed a distribution transformer. The metal enclosed unit connects to the transformer either through a bus throat of standardized dimensions, or else through