Hypervigilant Observer

Following 45 GROWTH/EMERGING Markets: MEXICO, BRASIL,LATIN AMERICA,EASTERN EUROPE, RUSSIA, EUROZONE...from AUSTIN,TEXAS...with Freely Accessible, Reputable...ENGLISH LANGUAGE LINKS: Energy...Currencies...Crime... Tourism...Politics...Economics. HOARDING News Links...Since JUNE 2009...AD FREE.

Search This Blog

Subscribe To

Posts
Atom
Posts
Comments
Atom
Comments

About Me

View my complete profile

Popular Posts

  • BELARUS: 13 April UPDATE: 2 "Confess" For Minsk Subway Bomb That Killed 12, Injuring 200..
  • Microsoft's Gaffe: Black Man In US Ad Becomes White In Poland.
  • Petrobras Eyes Angola For More Oil Investments.
  • ANIMALS / HUMOR / IMAGES : Cats: Love Them Or Hate Them; Website Now Lets Owners Shame Them.
  • Who's Afraid Of Big, Bad...Rupert Murdoch?
  • HUNGARY: 40,000 Protest Austerity Measures In Budapest.
  • SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
  • HONDURAS: Poll Shows Majority Consider Zelaya The President.
  • BRASIL: Pantless Lover...Barely Escapes Jealous Husband...From 3rd Floor.
  • BRASIL : Dilma Wins Port Privatization Approval From Congress.

18 December 2012

HUNGARY : Currency Plunge Forces Another CBank Benchmark Drop.

http://www.bloomberg.com/news/2012-12-18/hungary-cuts-rate-for-fifth-month-after-forint-plunges.html

      For the 5th month...Hungary's central bank cut its interest rate...after the forint continued to plunge.
      The Cbank dropped its 2-week benchmark rate by 25 bps...to 5.75%...as the forint hit a 5-month low.
       The forint has outpaced every currency except Poland's in 2012.
       The recent plunge reduced the forint's overall gain to 9.2%.
       Hungary's November inflation slowed...to 5.2%....an 11-month low.
Email ThisBlogThis!Share to XShare to FacebookShare to Pinterest
Newer Post Older Post Home