Hungary's central bank is expected to keep its benchmark interest rate at 6.5% due to ongoing instability in the forint.

The National Bank of Hungary has indicated that it is unlikely to implement any monetary easing measures following a significant drop in the currency's value.

All 22 economists surveyed by Bloomberg predict that the rate will remain unchanged when the announcement is made in Budapest at 2 p.m. local time. An hour later, a statement and briefing will be provided, offering further insights into the bank's monetary policy direction.