Now 7.75%: Central Bank in Hungary Cuts Base Rate Again
- 25 Apr 2024 6:56 AM
Hungarian central bank (NBH) rate-setters cut the base rate by 50 basis points to 7.75% at a regular policy meeting. The Council also decided to lower the symmetric interest rate corridor in tandem, bringing the O/N deposit rate to 6.75% and the O/N collateralised loan rate to 8.75%.
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