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
Cent (currency) and the currency as a whole is managed by the European Central Bank (ECB). In Canada, the 1¢ coin is no longer produced since 2012. A cent is commonly represented by the "cent sign", a minuscule letter "c" crossed by a diagonal stroke or a vertical line: ¢; or a simple "c", depending on the currency "(see below)". Cent amounts from 1 cent to 99 cents can be represented as one or two digits followed by the appropriate abbreviation (2¢, 5¢, 75¢, 99¢), or as a subdivision of the base unit ($0.99). Back in the days of typewriters, the cent