The Central Bank of Hungary (CBH) said this week it will use reserves to help banks meet liabilities in foreign currency that it believes pose a risk to the country's exchange rate.
The programme, which will be launched in October, is intended to cover a looming currency mismatch on banks' balance sheets that will result from a government plan to convert forex-denominated consumer loans into Hungarian forint.
Loans denominated in euros and Swiss francs were popular in Hungary ahead of the financ
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