Will the Bank of Hungary change sides today? Analysts are betting on a rate cut
Analysts predict that at today's meeting the Bank of Hungary will start easing monetary policy, cutting the one-day deposit rate, while maintaining the main rate in Hungary at the current level.
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August 24 2021
The forint was the strongest in relation to the zloty in 17 months
Hungarian forint appreciates against other currencies on Tuesday. The EUR / HUF exchange rate at some point even fell below 349 and was the lowest in 2 months. Similarly, USD / HUF, which slipped to 297,28. The forint also gains in relation to [...]
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