Tomorrow’s meeting of the Monetary Council of the National Bank of Hungary (MNB) is expected to be characterized by further easing along new vectors, while forward guidance on BUBOR and the duration of EUR/HUF swaps will be watched especially closely, according to London-based analysts of Japanʼs Nomura.
The National Bank of Hungary (MNB) said on Monday that it will mandate clearing house GIRO Zrt., wholly owned by the MNB, with establishing the central infrastructure base of an instant money transfer system in Hungary by the second half of 2019, Hungarian news agency MTI reported.
At first sight, there was a significant improvement in Hungary’s industrial output in January, but when you look at the working day-adjusted data, the increase comes to only 1.6%.
Due to slightly fewer births and the mortality rate rising sharply in January compared to a year earlier, Hungary’s natural decrease - the population decline measured by subtracting the birth rate from the mortality rate - was up to 6,381 persons in January, 2,323 more than a year earlier, the Central Statistical Office (KSH) said on Friday in a first release of data.
The National Bank of Hungary (MNB) has appealed to the Hungarian Supreme Court (Kúria) over an appellate court decision requiring it to release information on the sale of MKB Bank, Hungarian news agency MTI reported on Friday.