Central bank to review monetary trends weekly

HUNGARY - The National Bank of Hungary (NBH) has said that its monetary committee will in the future review monetary trends and the operation of monetary policy tools on a weekly basis, on the first working day of a week.

In the future, decisions on central bank interest rate changes will be made at the monetary committee meetings, the NBH said in a statement. Changes in the interest rates will be announced in statements.

Under the governance of previous president Gyorgy Suranyi, whose term exp

To continue reading...