(AFX UK Focus) 2008-10-10 13:32 Hungary cbank backed wait-and-see stance at meeting (Interactive Investor)
on Oct 10, 2008 via YahooNews
BUDAPEST, Oct 10 (Reuters) - The Hungarian central bank's decision to keep interest rates at 8.5 percent last month was backed by 10 policymakers, while one member voted for a 25 basis point cut, the bank said on Friday. The Monetary Council said in minutes of its meeting on Sept. 29 that most rate setters backed a wait-and-see stance.
