Thu 16 May 2024
Warszawa (PL)
15/9°C
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20 |
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Thu 16 May 2024
Praha (CZ)
18/14°C
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23 |
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18 |
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Thu 16 May 2024
Bratislava (SK)
18/10°C
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22 |
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17 |
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Thu 16 May 2024
Budapest (HU)
18/10°C
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22 |
23 |
23 |
22 |
25 |
June 23rd, 2020
Hungary's central bank (NBH) rate-setters cut the base rate by 15 basis points to 0.75 percent at a regular meeting on Tuesday. The base rate had been set at 0.90 percent since May 25, 2016. The bank's Monetary Council decided to leave the O/N deposit rate at -0.05 percent and the O/N and one-week collateralised loan rates at 1.85 percent. In a statement released after the meeting, the Council referred to the rate cut as a "fine-tuning measure" that "supports the maintenance of price stability and the recovery of economic growth".
MTI
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