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View Full Version : Hungary Faces Rising Credit-Crunch Risk, Central Bank Says - Bloomberg



NewsWhore
04-26-2012, 04:25 AM
Hungary Faces Rising Credit-Crunch Risk, Central Bank Says (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEG4_S2-iFhtApGkKcW11pCXUG26w&url=http://www.bloomberg.com/news/2012-04-26/hungary-faces-rising-credit-crunch-risk-central-bank-says-1-.html)
Bloomberg
Lenders replacing external funding with “risky” foreign- currency swaps may be another trigger for a credit crunch and the Magyar Nemzeti Bank will consider regulating such transactions, the rate-setting Monetary Council said in a statement today.

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