NBH to change framework of issuing press releases

The National Bank of Hungary (NBH) announced on Thursday 19 October that it is changing its practice of issuing press releases on the Monetary Council's regular rate-setting meetings.

In order to develop a new approach, the NBH said it has examined the standards adopted by National Central Banks participating in the European System of Central Banks. Based on the results, the NBH is introducing a new communications scheme as follows.

After each rate-setting meeting of the Monetary Council, press