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Hungary Keeps Key Interest Rate Steady At 6%

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"Hungary's central bank on Monday decided to keep its benchmark base rate unchanged at 6% as expected, pausing after three consecutive months of quarter-point increases. The central bank started its monetary tightening cycle in November as the inflation crossed the bank's 3% medium-term target due to cost-push shocks hitting the economy."


More from the source: rttnews.com


23.02.2011




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