- Hungarian inflation slowed across the board in September, easing some concerns about inflation.
BUDAPEST: Hungary's central bank kept the interest rate on its one-week deposit facility unchanged at 0.75% on Thursday.
Hungarian inflation slowed across the board in September, easing some concerns about inflation.
However, the forint had surrendered its gains posted after the data and on Thursday plumbed fresh two-week lows past 365 per euro.
At 0951 GMT, the unit traded at 364.64 per euro, unchanged from levels just before the rate announcement, but still some half a percent weaker on the day.
The forint has fallen about 9% versus the euro this year, underperforming the region.
Of the eight economists who gave a forecast for the one-week deposit rate at the end of next month in a Reuters poll, six said it would stay at 0.75%, with two analysts projecting another 15-basis-point increase over the coming weeks to 0.9%.