The National Bank of Hungary (NBH) added swap tenders providing foreign currency liquidity to its monetary policy toolkit in September to reduce volatility in the domestic fx swap market.
BUDAPEST: Hungary's central bank accepted all bids worth 529 million euros ($615.86 million) from banks at Friday's euro/forint foreign exchange swap tender providing euro liquidity, the central bank said.
The National Bank of Hungary (NBH) added swap tenders providing foreign currency liquidity to its monetary policy toolkit in September to reduce volatility in the domestic fx swap market.
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