Hungary's Simor wants clearer communication

The recently appointed governor of Hungary's central bank (NBH), Andras Simor, told a press conference on Monday 23 April that the NBH's Monetary Council must improve its communication.

"In theory, you cannot exclude that a conflict exists between the exchange rate regime and the inflation targeting system, and this may occur in the future. According to our present knowledge, there is no such conflict," Simor said in reply to a question.

"The central bank's opinion on the exchange rate regime has

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