Reuters was first to report comments by a Hungarian central banker who flagged a cut in the top of its interest rate corridor, which could be the first rate cut in Central and Eastern Europe. The forint fell almost 2% against the euro after the comments, made by Deputy Governor Barnabas Virag to Hungarian business website vg.hu.
Business & Finance
Testing waters, Hungary’s central bank flags cut in top end of rate corridor
19 April 2023, 2:45 pm 1 minute
The forint fell almost 2% against the euro after the comments.
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Business & Finance
Win Types: Speed
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story
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