MNB

MNB

The $700-billion bailout question

The best test of whether the US government's $700 billion check will be enough to save its economy is how...

MNB

Merrill deal may pay off for Bank of America

Bank of America's (BofA) quest to buy Merrill Lynch should pay off for BofA and its investors if it is...

MNB

Merrill deal may pay off for Bank of America

Bank of America's (BofA) quest to buy Merrill Lynch should pay off for BofA and its investors if it is...

MNB

Central banks keep cash flowing to markets

The world’s central banks jumped to grease money market wheels again on Friday, pouring in more money even as stocks...

MNB

Central banks keep cash flowing to markets

The world’s central banks jumped to grease money market wheels again on Friday, pouring in more money even as stocks...

MNB

Central banks dish out more funds as markets reel

Japan and Australia pumped further $17 billion into money markets on Thursday to prevent banks from hoarding cash amid a...

MNB

Central banks dish out more funds as markets reel

Japan and Australia pumped further $17 billion into money markets on Thursday to prevent banks from hoarding cash amid a...

MNB

From Sydney to Frankfurt, central banks inject billions

Central banks pumped vast amounts of extra funds into world financial markets for a second day on Tuesday in an...

MNB

From Sydney to Frankfurt, central banks inject billions

Central banks pumped vast amounts of extra funds into world financial markets for a second day on Tuesday in an...

MNB

Russian state investment in Fannie Mae, Freddie Mac under $30 bln

Russia’s investment in the troubled US mortgage giants Fannie Mae and Freddie Mac is estimated at around $30 billion, the...

MNB

Russian state investment in Fannie Mae, Freddie Mac under $30 bln

Russia’s investment in the troubled US mortgage giants Fannie Mae and Freddie Mac is estimated at around $30 billion, the...

MNB

IMF approves $750 mln loan for Georgia

The International Monetary Fund has approved a $750 million emergency loan for Georgia to help in stabilizing the Caucasus republic’s...

MNB

IMF approves $750 mln loan for Georgia

The International Monetary Fund has approved a $750 million emergency loan for Georgia to help in stabilizing the Caucasus republic’s...

MNB

Federal Reserve injects $70 billion into markets

The Federal Reserve on Monday said it had agreed to inject $70 billion into financial markets amid turmoil following the...

MNB

Federal Reserve injects $70 billion into markets

The Federal Reserve on Monday said it had agreed to inject $70 billion into financial markets amid turmoil following the...

MNB

MNB Cites Global Uncertainty Behind September Rate Hold

Global economic uncertainty constrained Hungary’s monetary policy room for maneuver, the National Bank of Hungary’s (MNB) Monetary Council agreed at...

MNB Cites Global Uncertainty Behind September Rate Hold

Global economic uncertainty constrained Hungary’s monetary policy room for maneuver, the National Bank of Hungary’s (MNB) Monetary Council agreed at...

MNB International Reserves Fall to EUR 62.1 bln in September

The National Bank of Hungary’s (MNB) international reserves stood at EUR 62.061 bln at the end of September, down EUR...

Former Central Bank Governor Matolcsy Questioned as Suspect in Erste Case

Police have questioned seven suspects, including former National Bank of Hungary Governor György Matolcsy, in an investigation into alleged abuse...

MNB to Lower Inflation Target to 2.5% From 2028, Holds Base Rate at 5.5%

The National Bank of Hungary (MNB) will lower its inflation target to 2.5% from Jan. 1, 2028, while retaining its...

Varga Prioritizes Successful Euro Adoption Over Speed

Hungary should prioritize a successful transition to the euro over rapid adoption, MNB governor Mihály Varga said at the 64th...

Forint Volatility Warrants ‘Special Attention,’ MNB Policymakers Say

Members of the Monetary Council of the MNB acknowledged the disinflationary effects of the stronger forint but said exchange rate...

MNB Cuts Base Rate to 5.5%, September Inflation Report to Guide Next Steps

The Monetary Council of the National Bank of Hungary (MNB) cut the central bank base rate by 25 basis points...

Meeting Maastricht Criteria Would Benefit Entire Hungarian Economy, MNB Dep Gov Says

Meeting the Maastricht criteria for adopting the euro would benefit the entire Hungarian economy, Péter Benő Banai, a deputy governor...

National Bank of Hungary Cuts Base Rate to 5.75%

The Monetary Council of the National Bank of Hungary (MNB) cut the central bank base rate by 25 basis points...

MNB Monetary Council Cuts Base Rate to 6%

The Monetary Council of the National Bank of Hungary (MNB) decided to cut the central bank base rate by 25...

MNB Warns of Rising Housing Market Risks as Banks Remain Stable

The National Bank of Hungary (MNB) said the local banking system remains stable but underscored increasing risks in the home...

MNB International Reserves Rise EUR 1.898 bln in April

International reserves of the National Bank of Hungary (MNB) stood at EUR 60.630 billion at the end of April, up...

MNB May Reduce 82% Ownership Stake in BÉT

Talks are underway between the Budapest Stock Exchange (BÉT) and the National Bank of Hungary (MNB) on reducing the central...

MNB Governor Warns Inflation Could Exceed 5% This Year

MNB Governor Mihály Varga said in an interview with economic weekly HVG that the new gov't must present a credible...

National Bank Policymakers Leave Base Rate on Hold at 6.25%

The Monetary Council of the National Bank of Hungary (MNB) decided to leave the central bank base rate unchanged at...