base rate

News in Brief

NBH rate-setters cut base rate by 100 basis points

Central bank deputy governor Barnabás Virág said lower-than-expected inflation and improved risk perceptions had allowed for the “temporary” acceleration in the easing cycle from 75bp cuts at the previous policy...

News in Brief

NBH cuts base rate by 75 basis points

The Council also decided to lower the symmetric interest rate corridor in tandem, bringing the O/N deposit rate to 9.00% and the O/N collateralised loan rate to 11.00%.

News in Brief

Central Bank raises base rate to 1.65 percent

The council also decided on Tuesday to raise the O/N deposit rate by 15bp to 0.70 percent and the O/N and one-week collateralized loan rates by 15bp to 2.6 percent.

Sep 22, 2021