Tag Archives: Hungary
NBH Slash Benchmark Interest Rate Amid Economic Pressures
![](https://www.ultimamarkets.com/wp-content/uploads/2023/11/20231122主圖-2-1.jpg)
Hungary’s Recent Benchmark Interest Rate Cut and Economic Dynamics In a decisive move on November 21, the National Bank of Hungary (NBH) implemented a 75 basis points reduction in the benchmark interest rate, bringing it to 11.5%. This strategic decision, made amidst pressure for further rate cuts from the government, reflects the delicate balance between […]