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.