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For the 2nd straight month...the central bank has lowered the benchmark rate.
The 25 bps decrease...to 6.5%...is still the EU's highest rate.
Investors expect further rate cuts...even as Hungary suffers form 6% inflation.
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25 September 2012
HUNGARY : Budapest Lowers Benchmark...To 6.5%.
For the 2nd straight month...the central bank has lowered the benchmark rate.
The 25 bps decrease...to 6.5%...is still the EU's highest rate.
Investors expect further rate cuts...even as Hungary suffers form 6% inflation.
