And that’s good for Austrian and German banks which have lots of exposure to central Europe.
Hungary is in talks with the IMF for a precautionary credit line to avert a deeper crisis.
EUR/USD is a tad firmer, at 1.3530 from a 1.3500 low.
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Fitch says Hungary deal with IMF would ease pressure on sovereign rating
Fitch says Hungary deal with IMF would ease pressure on sovereign rating
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