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Hungary’s central bank cancels non-rate-setting meeting

Interview

Image by Jessica Fejos

The National Bank of Hungaryʼs (MNB) Monetary Council cancelled its non-rate-setting meeting originally scheduled for today, the central bank announced on its website today, adding that the next meeting will take place on August 25, as scheduled.

(Photo: Jessica Fejos)

The Councilʼs meetings are scheduled twice a month, Hungarian news agency MTI said. At the first meeting, members usually discuss economic and financial trends, when rates are not on the agenda, while at the second meeting, members make a decision on monetary policy, MTI added.

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