Hungary's RMB ambitions: central bank talks to GlobalRMB

Budapest px230 for gc
By Paolo Danese
06 May 2015

Hungary is busy positioning itself as the first potential offshore renminbi hub in Central and Eastern Europe. Its central bank, Magyar Nemzeti Bank (MNB), launched an RMB initiative earlier this year to push Budapest's credentials and Daniel Palotai, the bank's executive director for monetary policy, spoke to GlobalRMB about the bank’s plans.

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