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Articles - economy

Central bank signs FX swap agreement with People’s Bank of China

Hungary’s central bank has signed a three-year bilateral foreign currency swap framework agreement worth 10 billion yuan (EUR 1.23 billion) with the People’s Bank of China, the National Bank of Hungary said on Monday.

Investment increased in Q2

Fixed capital investments in Hungary were up 4.6% year-on-year in the second quarter, the Central Statistics Office announced, the first such increase in six years.