(Source: Central Bank of Hungary) 23 August 2016 At its meeting on 23 August 2016, the Monetary Council reviewed the latest economic and financial developments and voted on the following structure of central bank interest rates with effect from 24 August 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 collateralised lending rate 1.15 No change 1.15 Overnight deposit rate -0.05 No change -0.05 In the second quarter of 2016, the growth of the Hungarian economy picked up again following the temporary slowdown at the beginning of the year. A degree of unused capacity remains...
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