Hungary Central bank to hold rates as Forint stabilizes.

The National Bank of Hungary ( NBH ) will leave key interest rates unchanged next tuesday. All 16 economists in the May 18-20 survey said the bank would leave its base rate at 0.9 %. It is worth mentioning that Hungarian assets have somewhat stabilized as the NBH tightened its liquidity in March to prevent excessive weakening ( purchased Hungary bonds of the market ) after the risk-off moves earlier this year.

Does a no-cut suggest a more stabilize outlook on HUF, CEE? Discuss…