MNB: the decline in vulnerability reduces the risks in Hungary

The fact that Hungary’s vulnerability considerably decreased in the past years reduces the risks that will occur because of the Brexit.

The outcome of the British referendum caused volatility in international financial markets and in the Hungarian assets as well, but the Hungarian National Bank (MNB) is constantly monitoring the developments on the money market and government securities market and is prepared for risk management and do everything in order to maintain financial stability – the central bank announced on Friday. (MTI)