Hungary made an emergency decision to introduce a new instrument in the form of an overnight deposit rate of 18%. The weekly deposit rate remains at 13% for the time being. EURHUF pair fell approx. 2.5% after the decision!
Hungary's central bank decides to take such action after inflation jumped above 20%. The bank points out that the move is aimed at increasing short-term bond yields.
Source: xStation5
āļāđāļāļĄāļđāļĨ PMI āļŠāļŦāļĢāļąāļāļŊ āļāļāļāļĄāļēāļāļŠāļĄāļāļŠāļēāļ ð― āļŠāđāļāļāļĨāđāļŦāđ EUR/USD āļāļĢāļąāļāļāļąāļ§āļāļķāđāļ
āļāļāļīāļāļīāļāđāļĻāļĢāļĐāļāļāļīāļ â āđāļāļāļąāļŠāļāļĒāļđāđāļāļĩāđ PMI āļŦāļĨāļąāļāļĢāļēāļāļēāļāđāļģāļĄāļąāļāļāļĨāļąāļāļĄāļēāđāļāđāļāļāļēāļāļķāđāļ
āļŠāļĢāļļāļāļāđāļēāļ§āđāļāđāļē 24 āļĄāļĩ.āļ.
āļāđāļēāļ§āđāļāđāļāļ§āļąāļāļāļĩāđ 24 āļĄāļĩ.āļ.
