Business & Finance

Reuters ahead with Hungary’s surprise rate hike

Reuters was 21 seconds ahead of the competition with unexpected news on Sept. 24 of Hungary’s central bank raising interest rates.

Market Impact

The forint rose by 0.4% after the central bank move, although later fell back as the market looked for more action to support the currency.

Article Tags
Topics of Interest: Business & Finance
Type: Reuters News First
Sectors: FX & Fixed Income
Regions: Europe
Countries: Hungary
Win Types: Speed
Media Types: Text
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