© Reuters.
BUDAPEST (Reuters) – Hungary’s Central Financial Institution left its one-week deposit price unchanged at 4.3% on Thursday, helped by latest positive aspects within the forint, which is buying and selling close to four-month-highs versus the euro.
The central financial institution makes use of the one-week deposit facility to deal with short-term market volatility. It raised its base price by 50 foundation factors to 2.9% in January, delivering its largest price improve since late 2011 to fight rising costs.
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