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Hungary’s central bank pledged to maintain “disciplined and tight” monetary policy to soothe investor concerns as the forint fell to the weakest in 1.5 years https://t.co/RBqNxPXyjP
Hungary’s central bank pledged to maintain “disciplined and tight” monetary policy to soothe investor concerns as the forint fell to the weakest in 1.5 years https://t.co/FaBlcjpo37
Hungary’s central bank pledged to maintain “disciplined and tight” monetary policy to soothe investor concerns as the forint fell to the weakest in 1.5 years https://t.co/Fh2rX4bmDE
The Hungarian forint has weakened significantly, falling past 400 per euro, marking its lowest point since March 2023. The currency's decline, which saw it drop 0.2% on the day to 398.75 per euro, hitting an 8-week low, and later to 399.70 per euro, has prompted Hungary's central bank to pledge a 'disciplined and tight' monetary policy to address investor concerns. The central bank also indicated that its green financing scheme would depend on inflation and market conditions.