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Magyar Nemzeti Bank

Forex News

This post by larrygreenberg has been reprinted from Currency Thoughts.

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A seventh straight base rate reduction was approved in Hungary’s central bank in a split vote that put the outgoing governor in the minority camp.  At 5.25%, the base rate is back to its Great Recession low.  The first of this series of cuts was made in late August 2012, ending a span of seven [...]

larrygreenberg @ February 26, 2013

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