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Sixth Straight Hungarian Central Bank Rate Cut

Forex News

This post by larrygreenberg has been reprinted from Currency Thoughts.

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The two-week deposit rate of the Magyar Nemzeti Bank has been reduced by 25 basis points to a 34-month low of 5.5% that remains elevated compared to the level of rates elsewhere in Europe.  The rate has been cut by a total of 150 basis points since August, and this month’s reduction was authorized in [...]

larrygreenberg @ January 29, 2013

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