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Hungary sovereign debt climbs HUF 160 bln in July

Although Hungary booked an extra HUF 286 billion in revenue on its forex-denominated debt thanks to forint exchange rate changes in January-July this year, the country\'s public debt rose HUF 160 billion to HUF 19.74 trillion in July due to a high budget deficit, reported.

Hungary's sovereign debt dropped sharply in June, from HUF 21.12 trillion to HUF 19.58 trillion, after the government raked in HUF 1.34 trillion from private pension funds.