The Monetary Council of the National Bank of Hungary (MNB) decided to leave the base rate on hold at 13%, but voted to cut the central bank's O/N collateralized loan rate by 100 bp to 16.50% at a monthly policy meeting on Tuesday, state news wire MTI writes.
The Monetary Council of the National Bank of Hungary (MNB) decided to leave the base rate on hold at 13%, but voted to cut the central bank's O/N collateralized loan rate by 100 bp to 17.5% at a monthly policy meeting on Tuesday, according to a report by state news wire MTI.
MNB Cuts O/N Collateralized Loan Rate bbj.hu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bbj.hu Daily Mail and Mail on Sunday newspapers.
The Monetary Council of the National Bank of Hungary (MNB) decided to leave the base rate on hold at 13%, but voted to cut the central bank's O/N collateralized loan rate by 100 bp to 19.5% at a monthly policy meeting on Tuesday, according to a report by state news wire MTI.