DailyMarkets.com - Hungary Cuts Rate By 25 Bps For Third Month In A Row

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Hungary Cuts Rate By 25 Bps For Third Month In A Row Posted: 30 Oct 2012 06:35 AM PDT     Hungary’s central bank cut its base rate for the third month in a row by 25 basis points to 6.25 percent, a move that was expected by some economists.     The Magyar Nemzeti Bank said in brief statement that the new two-week deposit rate would take effect on Oct. 31. The overnight central bank deposit rate will be 5.25 percent and the rate on overnight collateralised loans will be 7.25 percent.     The central bank will issue a statement later, explaining its … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

Election Portfolio: Leadership And Stocks Posted: 26 Oct 2012 12:23 PM PDT 10/30/12 The outcome of the US presidential election is a much-debated topic. What will a Democratic or Republican leadership for the White House mean for your portfolio and the … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

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