In extraordinary decision
Hungary cenbank to decide on rates on Tuesday
Fundamental change is required
At a non-rate-setting meeting
One-week deposit tender announced
Busy week ahead
No surprise there
Yet MNB retains flexibility with 1-week deposit tenders
MNB issues statement after surprise rate hike
It was not the most likely scenario...
Virág to share reasons for MNB policy with analysts
Monetary Council to hold rate-setting meeting on Tuesday
Data and events piling up
1-week deposit tender announced
Deputy Governor Barnabás Virág talks with press
Benchmark rate raised off schedule
Deal with EU could also turn things around
Virág props up forint for a full minute
Interest rate on 1-week depo still 6.75%
Same pace