Hungary raises benchmark rate to 5.4 pct


BUDAPEST, April 26 (Xinhua) -- In line with analyst expectations, the Monetary Council of the Hungarian National Bank (MNB) has raised the central bank base rate by 100 basis points to 5.4 percent, the bank said here on Tuesday.

In a statement, the council said that the Russia-Ukraine conflict has "posed a much higher risk than usual to the outlook for inflation."

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