MNB

MNB

China finds big gold mine, reserves of over 20 tons

China National Gold Group Corporation (CNGGC) said on Monday it had found a new vein with an estimated 15 tons...

MNB

China finds big gold mine, reserves of over 20 tons

China National Gold Group Corporation (CNGGC) said on Monday it had found a new vein with an estimated 15 tons...

MNB

Currency strength hampers businesses

London analysts believe that the strong forint per euro exchange rate may harm Hungarian companies, while others say they are...

MNB

Currency strength hampers businesses

London analysts believe that the strong forint per euro exchange rate may harm Hungarian companies, while others say they are...

MNB

Dubai gold trade hopes for holiday tonic

Dubai's gold sellers are pinning hopes for a demand boost on foreign workers' willingness to spend part of their savings...

MNB

Dubai gold trade hopes for holiday tonic

Dubai's gold sellers are pinning hopes for a demand boost on foreign workers' willingness to spend part of their savings...

MNB

Analysts prepare for summer gold rush

This summer as investors seek out alternatives to falling confidence in the economy, and the strong investment demand may couple...

MNB

Analysts prepare for summer gold rush

This summer as investors seek out alternatives to falling confidence in the economy, and the strong investment demand may couple...

MNB

Gold slips after rally, below 5-week high

Gold dropped as speculators booked profits after pushing up the price to its strongest level in five weeks, and a...

MNB

Gold slips after rally, below 5-week high

Gold dropped as speculators booked profits after pushing up the price to its strongest level in five weeks, and a...

MNB

Gold council urges investing in gold

With crude prices hitting the roof and the stock market is diving, gold is emerging as a good hedge option...

MNB

Gold council urges investing in gold

With crude prices hitting the roof and the stock market is diving, gold is emerging as a good hedge option...

MNB

Prefunding of UK bank failure payouts unlikely

British banks are unlikely to have to come up with money upfront to fund a compensation scheme for bank failure...

MNB

Prefunding of UK bank failure payouts unlikely

British banks are unlikely to have to come up with money upfront to fund a compensation scheme for bank failure...

MNB

Gold ends 3.7% higher as funds buy, oil soars

Gold ended nearly 4% higher on Thursday with funds pouring into commodities as a tumbling stock market amid oil’s surge...

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...