Hungarian Central Bank Flags Unchanged Main Rate Through 2017

Updated on
  • Rate-setters cite inflation, economic growth in statement
  • Forint best-performing EM currency vs euro since end of June

Hungary’s central bank kept borrowing costs at a record low, signaling that keeping the benchmark rate steady until as long as the end of 2017 may be warranted amid slowing economic growth and subdued inflation pressures.

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