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View Full Version : Hungary Raises Rates, Sacrificing Growth to Protect Currency - Bloomberg



NewsWhore
10-22-2008, 01:50 PM
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Hungary Raises Rates, Sacrificing Growth to Protect Currency (http://news.google.com/news/url?sa=T&ct=us/6-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601085%26sid%3DajzKRzwcQxkY%26refer%3Deurope&cid=1261128632&ei=X2n_SK6EFqHIMvqtrJoJ&usg=AFQjCNE5GAjvSz-BqCf6j4dULkIDYau11w)
Bloomberg - 1 hour ago
``While the move clearly has a negative impact on the growth outlook, a significantly weaker currency could have a potentially larger destabilizing effect. ...


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