Hungary seen loosening monetary conditions even more - Raiffeisen

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23 November 2016

Hungary seen loosening monetary conditions even more - Raiffeisen

Raiffeisen Bank expects Hungary's central bank to keep loosening monetary conditions, until EUR/HUF returns steadily above 310. Loosening would come in the form of squeezing out banks' money from central bank facilities, forex swap tenders, cuts to the mandatory reserve ratio and the overnight deposit rate, Raiffeisen adds.

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