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National Bank Leaves Base Rate Unchanged at 13%

Mar 28, 2023

The Monetary Council of the National Bank of Hungary (MNB) kept the base rate at 13% at its meeting this Tuesday, arguing that the current level of the base rate is adequate to manage fundamental inflation risks. The O/N deposit rate and the O/N collateralised borrowing rate were left unchanged at 12.5% and 25%, respectively. […]

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