FXstreet.com

This report has been deactivated

2

0

Hungary: CB cut the base rate by 50bp to 7%

Mon, Oct 19 2009, 13:37 GMT
by Orsolya Nyeste

Erste Bank der oesterreichischen Sparkassen AG


As expected, the Monetary Council of the CB cut the base rate by 50bp, to 7% at its today's rate setting meeting. The statement of the council will be published and the Governor's press conference will start at 3 pm.

Erste Bank http://global.treasury.erstebank.com | Rainer.Singer@erstebank.at

Legal disclaimer and risk disclosure

This document is intended as an additional information source, aimed towards our customers. It is based on the best resources available to the authors at press time. The information and data sources utilised are deemed reliable, however, Erste Bank Sparkassen (CR) and affiliates do not take any responsibility for accuracy nor completeness of the information contained herein. This document is neither an offer nor an invitation to buy or sell any securities.

Related reports

US Morning Notes - USD firms on concern about German West LB bank by Easy Forex
Tue, Nov 24 2009, 14:33 GMT

Market Thoughts - 24/11/2009 - The Current Market Sentiment 2 by FX Recommends
Tue, Nov 24 2009, 13:51 GMT

Market Session Recaps - London Session by FOREX.com
Tue, Nov 24 2009, 11:33 GMT

Central European Daily - Hungarian central bank cut rates by another 50 bps by KBC Bank
Tue, Nov 24 2009, 09:35 GMT

Sunrise Market Commentary - The testimony of BoE King and other governors will attract attention too by KBC Bank
Tue, Nov 24 2009, 08:01 GMT

eurhuf, hungary, centralbanks

View All

Related content


Interested in forex trading? forex brokerage firms!


MG Financial Group
Contact the broker/FDM
Open a demo account
ACM Advanced Currency Markets SA
Contact the broker/FDM
Open a demo account
MIG INVESTMENTS SA
Contact the broker/FDM
Open a demo account
Forex Club Financial Company
Contact the broker/FDM
Open a demo account
GFT
Contact the broker/FDM
Open a demo account

GET CASH BACK FOR YOUR TRADES!   Learn more about the Pip Rebate Program

Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer.

Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.

Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. FXstreet.com has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur.

Any opinions, news, research, analyses, prices or other information contained on this website, by FXstreet.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. FXstreet.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

©2009 "FXstreet.com. The Forex Market" All Rights Reserved.