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Press release on the Monetary Council’s meeting of 8 January 2007

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8 January 2007

1    At its meeting on 8 January 2007, the Monetary Council considered the latest economic and monetary developments. As established in its announced meeting schedule, the Council did not take a decision on the central bank base rate.

2    In accordance with the provisions of its rules of procedure, the Monetary Council elected Henrik Auth as its Vice Chairman.

MAGYAR NEMZETI BANK

Monetary Council