TITLE

Rates To Rise Even Further

PUB. DATE
May 2008
SOURCE
Emerging Europe Monitor: Central Europe & Baltic States;May2008, Vol. 15 Issue 5, p1
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article reports on the forecasted increase in the base rate of the National Bank of Hungary (NBH) on March 31, 2008. The forecast for the base rate was reportedly changed from 8.00% to 8.50%. Despite the increase, this entry still sees short-term weakness for the forint due to the political risk in the country. Such risks allegedly increase investor concern about the future of the economic reform agenda.
ACCESSION #
31779355

 

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