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HUF Seen Taking Over Role Of Monetary Policy

Forex News The Hungarian forint is seen taking over the role of monetary policy in Hungary, Takarekbank says. Adds recent HUF appreciation tightened monetary conditions enough already and improved the inflation outlook for the next 12-to-18 months. If the HUF stabilizes at its recent strong levels and there are no new external price shocks, the hawkish monetary policy stance could change soon.




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