The Hungarian National Bank "noted with regret" the premature departure of delegates from the International Monetary Fund and European Union as it announced a base rate hold at 5.25 per cent, DPA reported.
An IMF/EU mission, in Budapest for a scheduled review of Hungary's 25-billion-dollar standby loan agreement dating from 2008, departed on Saturday after talks with Hungary's new centre-right government stalled.
The central bank is prepared to raise the base rate to prevent an excessive weakening of the forint, it's monetary policy council said in a statment.
The Hungarian currency and stocks had dropped sharply earlier in the day as markets reacted to the unscheduled exit of the IMF and EU delegations.