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Press release on the Monetary Council meeting of 20 December 2016 (Central Bank of Hungary)

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(Source: Central Bank of Hungary) 20 December 2016 At its meeting on 20 December 2016, the Monetary Council reviewed the latest economic and financial developments and decided on the following structure of central bank interest rates with effect from 21 December 2016: Central bank interest rate Previous interest rate (per cent) Change (basis points) New interest rate (per cent) Central bank base rate 0.90 No change 0.90 Overnight deposit rate -0.05 No change -0.05 Overnight collateralised lending rate 0.90 No change 0.90 One-week collateralised lending rate 0.90 No change 0.90 In the Council's assessment, Hungarian economic growth continues to pick up from the end of this year. Some degree...

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