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2011.09.0709:42:00UTC+00Hungary C Bank Votes to Hold Rate at 6 Pct

News:

  • Hunagry c bank has unanimously voted to keep it rates unchanged at 6 pct
  • The monetary council belives the latest inflation data is in line with bank's expectations

Quotes:

  • "Hungary was particularly affected by shifts in sentiment related to global debt problems, and increased perceptions of the risks associated with forint assets might continue to limit the room for manoeuvre in interest rate policy," Hungary C bank August Minutes.

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