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Central Bank Keeps Base Interest Rate on Hold at 13% in Hungary

• 30 Aug 2023 11:47 AM
• Hungary Matters

Hungarian central bank (NBH) rate-setters kept the base rate unchanged at 13.0% at a regular policy meeting.

At the same time, the Monetary Council decided to narrow the interest corridor further, the upper band lowered by 100 basis points to 16.5%.

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Hungary Matters

Launched in January 2014, this newsletter published on week days covers 'everything you need to know about what’s going on in Hungary and beyond', according to its publisher the state media agency MTI.

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