Hungary publishes 2001 monetary policy guidelines

The National Bank of Hungary (MNB) agrees with the government on the necessity and method of changing the country's current exchange rate system, but so far no agreement has been reached on a timetable for the change, according to the MNB's monetary policy guidelines for 2001, published Tuesday.

Central bank governor Gyorgy Suranyi, whose six-year mandate will expire on March 1, has said the narrow band limited monetary policy's room for manoeuvering.

But Hungary's finance minister Zsigmond

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