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Hungary hikes interest rates again

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euronews (in English)

7 Views • Dec 20, 2011

Description

Hungary's central bank put up interest rates again on Tuesday, saying it has to do that to support the currency, the florint, and prevent inflation skyrocketing. The benchmark rate was raised from 6.5 to 7.0 percent -- the highest in the European Union. ... http://www.euronews.net/