- 18 Oct 2022 6:21 AM
- Hungary Matters
The NBH started holding regular tenders for O/N deposits at a rate of 18%, well above the 13% base rate.
At the tender on Monday, the facility soaked up a little over 1,201 billion forints of banking sector liquidity.
The forint traded at 412.38 to the euro around 5.30pm, firming from 417.68 late on Friday.