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Tuesday, August 24, 2010

Central bank leaves interest rate unchanged, indicates rate hike conditions.


Source: IntelliNews - Hungary Today


Central bank leaves interest rate unchanged, indicates rate hike conditions. The Monetary Council (MC) of the National Bank of Hungary (NBH) decided to maintain the level of the base interest rate at 5.25% at its latest meeting, the central bank announced. The decision was in line with market expectations, based on the building up of inflationary pressures and the unfavourable...


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