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Out of the Blue, National Bank Reduces Base Rate after 4 Years

2020. június 23.

Hungary Today / Ábrahám Vass

The National Bank of Hungary’s (MNB) Monetary Council unexpectedly and optimistically decided to reduce the central bank base rate by 15 basis points to 0.75%. As a result, the forint also weakened. More...

Related press statements of the National Bank of Hungary

Press release on the Monetary Council meeting of 23 June 2020

Interest rate conditions of the Magyar Nemzeti Bank effective from 24 June 2020