(Bloomberg) -- The Hungarian forint rose, snapping a
four-session losing streak, as investors bet the central bank will
cut interest rates today from the highest in the European Union.
A Bloomberg News survey of 18 economists showed they are
divided over whether policy makers will cut the benchmark rate,
nine economists expect a quarter-point reduction and nine forecast
borrowing costs will stay on hold at 8 percent.
Read more at Bloomberg Currencies News
four-session losing streak, as investors bet the central bank will
cut interest rates today from the highest in the European Union.
A Bloomberg News survey of 18 economists showed they are
divided over whether policy makers will cut the benchmark rate,
nine economists expect a quarter-point reduction and nine forecast
borrowing costs will stay on hold at 8 percent.
Read more at Bloomberg Currencies News
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