Free Trial

Virag Says Rate-Corridor Widening Allows Further Tightening

HUNGARY

Further comments from NBH’s Virag:

  • FX market trends seen in the past weeks jeopardised mid-term CPI outlook
  • FX conversions needed to pay energy bills put continued pressure on forint
  • Positions against forint have also started increased
  • FX market stability essential to reach price stability (Reuters)
  • Rate-corridor widening allows further tightening (Bloomberg)

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.