BUDAPEST: The National Bank of Hungary's (NBH) decision to leave interest rates unchanged at the December 15 policy meeting was backed by all rate-setters, the bank said in the minutes of the meeting published on Wednesday.

"If warranted by a change in the outlook for inflation, the (NBH) would be ready to use the appropriate instruments," it said, adding it would maintain a gap between its base rate and the one-week deposit rate as long as justified by inflation risks.

The next policy meeting is due on January 26.