BUDAPEST, April 26 (Reuters) - Hungary's government has
infringed the National Bank of Hungary's (NBH) independence with
a decree restricting access to the bank's discount bill and by
extending a cap on large commercial bank deposits until
end-June, it said on Wednesday.
"The decree, including the interest rate cap, interferes
with the independence of the (NBH), since it impedes the (NBH)
from independently choosing the necessary means and instruments
to conduct an efficient monetary policy," it said in an opinon.
(Reporting by Gergely Szakacs and Anna Wlodarczak-Semczuk)
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