Press release on the Monetary Council’s meeting of 11 August 2008

11 August 2008

At its meeting on 11 August 2008, the Monetary Council reviewed the latest economic and monetary developments. In accordance with its meeting calendar, the Council did not take a decision on the central bank base rate.

MAGYAR NEMZETI BANK

Monetary Council

Vissza a tetejére

The primary objective of the MNB shall be to achieve and maintain price stability. (...) Without prejudice to its primary objective, the MNB shall support the maintenance of the stability of the system of financial intermediation, the enhancement of its resilience, its sustainable contribution to economic growth; furthermore, the MNB shall support the government’s economic policy and its policy related to environmental sustainability, using instruments at its disposal.

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