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Policymakers hike base rate 185 bp to 7.75 pc

June 28th, 2022

Hungarian rate-setters (NBH) raised the base rate by 185 basis points to 7.75 percent at a monthly policy meeting on Tuesday. The policymakers also expanded the two sides of the interest rate corridor by 135 basis points, with overnight deposits set at 7.25 percent and secured loans at 10.25 percent.


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