Here is the Hungarian central bank’s decision: how will the stock market react?
Hungarian central bank rate-setters left the base rate of 13 percent unchanged at a regular policy meeting on Tuesday.
At the last policy meeting on 28 February, the Monetary Council stuck to the base rate maintained since last September, while keeping the one-day deposit rate at 18 percent. At either end of the interest corridor, the 12.5 percent O/N deposit rate and the 25 percent O/N secured loan rate were also kept in place.
The decision was in line with the expectations of analysts.