Showing posts with label Hungary's economy. Show all posts
Showing posts with label Hungary's economy. Show all posts

Thursday, July 26, 2012

Hungary plays safe, decides against rate cut

BUDAPEST (Reuters) - Hungary's central bank kept interest rates steady for a seventh consecutive month on Tuesday as an escalating euro zone crisis poses risks to confidence in the forint, overruling calls by some rate-setters for looser policy to shore up a weak economy.