Enter your e-mail address below
to reset your password.
Please activate your registration
by clicking the link in the activation email
or click submit to resend the activation email.
Please check your spam folder too...
Check your mailbox to activate your registration.
Please check your spam folder too.
The National Bank of Hungary's Monetary Council decided to keep the central bank's key rate on hold at 7.00% at a rate-setting meeting on Tuesday.
The decision to keep rates on hold -- taken for the sixth month in a row -- was in line with market expectations. The Monetary Council last changed the rate - raised it by 50 basis points -- on December 21, 2011.
The Council discussed two proposals, one to keep the rate on hold an another for a 25bp rate cut, and the Council took the decision with an overwhelming majority, NBH governor András Simor told a press conference held after the meeting.