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    Hungary hikes interest rates again

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    euronews (in English)

    by euronews (in English)

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    Hungary's central bank put up interest rates again on Tuesday, saying it has to do that to support the currency, the florint, and prevent inflation skyrocketing. The benchmark rate was raised from 6.5 to 7.0 percent -- the highest in the European Union. ... http://www.euronews.net/