Hungary Ready to Use Forex Reserves to Convert Forex Mortgages – Wall Street Journal (blog)
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Hungary Ready to Use Forex Reserves to Convert Forex Mortgages
Wall Street Journal (blog) As a first step, the central bank would provide about EUR3 billion to the retail banks, which would cover their obligations to reimburse forex mortgage borrowers this year on two counts, Mr. Balog said. Under a new law, banks are required to compensate … Hungary central bank to help forex loan conversion from its reserves |
