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Hungary to Use Official Exchange Rates to Convert Forex Mortgages
Wall Street Journal BUDAPEST—Hungary agreed with retail banks on Sunday that the lenders will convert households' foreign-exchange mortgages into the local currency at official exchange rates, dispelling investors' worries that it would set an exchange rate beneficial to … Hungary Central Bank in Pact on Forex Loan Conversion Hungary agrees official foreign exchange mortgage conversion rate Hungary sets FX loan conversion rate, central bank to supply euros |