Hungary rate hike - Reuters News Agency
Business & FinanceReuters News First

Hungary rate hike

On Sept 21, Reuters was ahead with a surprise rate hike by Hungary’s central bank, which raised its base rate by a scaled-back 15 basis points. Reuters was also ahead with the bank’s cutback on bond purchases.

Market Impact

The forint fell to a six-week low on the smaller-than-expected rate hike before rebounding.

Article Tags
Topics of Interest: Business & FinanceReuters News First
Type: Reuters News First
Sectors: Business & FinanceEquities
Regions: Europe
Countries: Hungary
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
National Bank of Hungary deputy governor, Barnabas Virag, talks to reporters as the bank prepares to tighten monetary policy to tackle inflation risks, in Budapest, Hungary May 17, 2021. REUTERS/Krisztina Than
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