MNB

MNB

Hungarian CenBank foreign assets fall in July

Net foreign assets of Hungary's Central Bank (MNB) fell Ft 173.0 billion to Ft 3,755.3 billion in July, MNB reported....

MNB

Hungarian CenBank foreign assets fall in July

Net foreign assets of Hungary's Central Bank (MNB) fell Ft 173.0 billion to Ft 3,755.3 billion in July, MNB reported....

MNB

Gulf investment agencies seek $6.5 bln to expand

Two Gulf Arab sovereign wealth funds are looking to borrow as much as $6.5 billion to help finance expansion, bankers...

MNB

Gulf investment agencies seek $6.5 bln to expand

Two Gulf Arab sovereign wealth funds are looking to borrow as much as $6.5 billion to help finance expansion, bankers...

MNB

China money traders bet on 40 to 42 golds

Olympics fever has spread to China's interbank money market, where traders are betting on the host country to take between...

MNB

China money traders bet on 40 to 42 golds

Olympics fever has spread to China's interbank money market, where traders are betting on the host country to take between...

MNB

Barclays profit down 33% on writedown

Barclays reported a 33% drop in H1 profits as it took a £2 billion writedown on the value of risky...

MNB

Barclays profit down 33% on writedown

Barclays reported a 33% drop in H1 profits as it took a £2 billion writedown on the value of risky...

MNB

Hungarian forint weakens on interbank market

On Tuesday afternoon the Hungarian currency weakened significantly on the interbank market, trading at 235.50/55 against the euro at 4:30...

MNB

Hungarian forint weakens on interbank market

On Tuesday afternoon the Hungarian currency weakened significantly on the interbank market, trading at 235.50/55 against the euro at 4:30...

MNB

Hungary: Households borrow net Ft 97 bln from banks in June

Hungarian households borrowed net Ft 97.1 billion from banks in June, after making net repayments of Ft 90.6 billion in...

MNB

Hungary: Households borrow net Ft 97 bln from banks in June

Hungarian households borrowed net Ft 97.1 billion from banks in June, after making net repayments of Ft 90.6 billion in...

MNB

IMF warns higher financial markets fragility, systemic risks

The subprime market crisis erupted in the United States has triggered financial market turmoil around the world and global financial...

MNB

IMF warns higher financial markets fragility, systemic risks

The subprime market crisis erupted in the United States has triggered financial market turmoil around the world and global financial...

MNB

Hungary’s Finance Ministry releases draft budget

A budget planning shows that Hungary’s Finance Ministry will prepare next year's budget based on a ESA95 general government deficit...

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...