Published by Zeb BhamThere was unanimous agreement that Hungary will cut interest rates later today (February 22nd), a poll conducted by Bloomberg has shown.All 19 of the economists and foreign exchange analysts surveyed by the newsgroup predicted a 25 basis point cut that will bring interest rates to 5.75 per cent.At the close of trading last week, the Hungarian forint had strengthened 0.3 per cent to 270.66 per euro, but has 1.2 per cent against the single currency over a three-month period, the worst performance of any emerging-market currency tracked by Bloomberg.Speaking to the news agency, Bartosz Pawlowski, an emerging-market strategist at BNP Paribas SA in London, said: "The economy is still in very bad shape. It's simple, they'll cut by a quarter-point."The country's central bank has cut interest rates by 3.5 percentage points since July, although the decline of the forint has stayed its hand in recent monthly policy meetings.For more information on international payments, visit our Smart FX site