Hungarian deputy governor loses responsibility for macro-prudential policy

national-bank-of-hungary
The MNB

One of the three deputy governors of the Central Bank of Hungary (MNB), Márton Nagy, has lost his responsibility for macro-prudential policy, the Hungarian government announced on March 3.

Two days earlier, Nagy lost another of his roles, as chief executive of Hungary’s nationalised stock exchange.

Responsibility for the MNB’s macro-prudential measures will pass to an executive director responsible appointed by MNB governor György Matolcsy. The official statement did not name the executive

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