Testing waters, Hungary's central bank flags cut in top end of rate corridor | Reuters News Agency
Business & Finance

Testing waters, Hungary’s central bank flags cut in top end of rate corridor

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. 

Market Impact

The forint fell almost 2% against the euro after the comments.



Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Business & Finance
Regions: Europe
Countries: Hungary
Win Types: Speed
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story
Eikon_4.27.23_testing waters hungary
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