OTP Bank Nyrt. (OTP), Hungary’s largest lender, rebounded from the lowest close in almost three months as the Federal Reserve said the U.S. economy continues to expand, boosting bets on a recovery in the world economy.
The shares rose 0.7 percent to 3,625 forint by 10:10 a.m. in Budapest. The stock fell to 3,600 forint yesterday, the weakest since Jan. 18., after the news website Origo reported that Hungary plans to introduce a financial transaction tax from next year.
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