Economy of Hungary public sector spending falling from 62% of GDP to below 50%—the current account deficit was reduced to 2% of GDP, and government debt was paid down to 94% of annual export earnings. The Government of Hungary no longer requires IMF financial assistance and has repaid all of its debt to the fund. Consequently, Hungary enjoys favorable borrowing terms. Hungary's sovereign foreign currency debt issuance carries investment-grade ratings from all major credit-rating agencies, although recently the country was downgraded by Moody's, S&P and remains on negative outlook at Fitch. In 1995 Hungary's currency, the Forint (HUF), became convertible for all current
Cash (currency) sub unit of the piastre usually known as a "sapèque". Cash was a currency unit of Madras Province during the period of British rule in India. Specifically, it was a subunit of the fanam, rupee, and pagoda. Copper coins of 20 cash were called pice, 10 cash were called dodees, and 5 cash were called half dodees. Travancore cash was similar to the Madras cash yet differed in the value compared to the rupee. thus, 1 rupee = 448 cash. Cash (currency) Cash is a name for several historical currencies used in Asia. It is applied to units used in