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View Full Version : Hungary Must Avoid Rate Increase as Forint Drops, Citigroup Says - Bloomberg



NewsWhore
11-15-2011, 03:52 AM
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Hungary Must Avoid Rate Increase as Forint Drops, Citigroup Says (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFL1R9_z8Fm4rzej264FZYsBKvYeg&url=http://www.bloomberg.com/news/2011-11-15/hungary-must-avoid-rate-increase-as-forint-drops-citigroup-says.html)
Bloomberg
The currency&#39;s drop as Europe struggles to solve its debt crisis forces Hungarian policy makers to weigh an emergency rate increase against “aggressive” sales of foreign currency, similar to tactics deployed by Turkey, according to Citigroup strategist ...

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