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Hungary Central Bank Holds Interest Rates Steady As Expected

By Jyotsna V   ✉  | Published:  | Google News Follow Us  | Join Us

The Hungarian central bank left its key interest rates unchanged for a third policy session in a row on Tuesday, in line with expectations.The Monetary Council decided to hold the central bank base rate steady at 6.25 percent and the deposit interest rate at 5.25 percent, the Magyar Nemzeti Bank said in a statement. The lending rate was kept unchanged at 7.25 percent.Previously, the interest rates...

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