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NBH Raises 1W Depo Rate To 7.25%

HUNGARY
  • *HUNGARY RAISES 1-WEEK DEPOSIT RATE TO 7.25%; EST. 6.75% (BBG)
  • EURHUF continues to consolidate lower this morning following the announcement, with the pair nearly hitting the 395 level; next support to watch on the downside stands at 393, followed by 390.
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  • *HUNGARY RAISES 1-WEEK DEPOSIT RATE TO 7.25%; EST. 6.75% (BBG)
  • EURHUF continues to consolidate lower this morning following the announcement, with the pair nearly hitting the 395 level; next support to watch on the downside stands at 393, followed by 390.