Hungary has extended the interest rate cap on household mortgages and corporate loans for SMEs, Cabinet Minister Gergely Gulyas told reporters during his weekly cabinet meeting briefing.

• Gulyas said the central bank key interest rate is coming down but is still too high, justifying the extension of rate-cap.
• The household mortgage rate cap has been extended until July 1, while the SME loan rate cap is extended until April 1, he said.