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The Nexus
BUSINESSMay 13 · 08:20 UTCBLOOMBERGAndras Gergely, Zoltan Simon

Forint Drops After Hungarian Central Bank Cuts Rate on FX Swaps

The National Bank of Hungary cut rates on FX swaps, causing Forint to drop. This decision was made in Budapest. The move affects Hungary's economy.

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