MNB

MNB

Dubai gold trade up 73% in Q1

Dubai Multi Commodities Centre said that gold trade through Dubai reached $7 billion in the Q1 of 2008, up by...

MNB

Dubai gold trade up 73% in Q1

Dubai Multi Commodities Centre said that gold trade through Dubai reached $7 billion in the Q1 of 2008, up by...

MNB

Hungary cbanker warns of FX borrowing risks

Rising debt service costs and yen borrowing pose a risk to Hungarian households even though levels of borrowing are not...

MNB

Hungary cbanker warns of FX borrowing risks

Rising debt service costs and yen borrowing pose a risk to Hungarian households even though levels of borrowing are not...

MNB

Fed auctions $75 bln to banks to ease credit crunch

The US Federal Reserve said it auctioned another $75 billion in short-term loans to cash-strapped banks to help ease credit...

MNB

Fed auctions $75 bln to banks to ease credit crunch

The US Federal Reserve said it auctioned another $75 billion in short-term loans to cash-strapped banks to help ease credit...

MNB

Vietnam raises gold import tax

Vietnam increased the import tax on gold from 0.5 to 1 per cent per tael (one tael is equal to...

MNB

Vietnam raises gold import tax

Vietnam increased the import tax on gold from 0.5 to 1 per cent per tael (one tael is equal to...

MNB

Europe sails into its own credit crunch

Europe is next in line to feel the impact from tighter credit, a tough situation for an economy heavily dependent...

MNB

Europe sails into its own credit crunch

Europe is next in line to feel the impact from tighter credit, a tough situation for an economy heavily dependent...

MNB

Global financial markets likely to see fresh turbulence

After six weeks of calm, global financial markets are bracing for one more aftershock from the 9-month old credit crunch....

MNB

Global financial markets likely to see fresh turbulence

After six weeks of calm, global financial markets are bracing for one more aftershock from the 9-month old credit crunch....

MNB

Fitch warns of CHF-, JPY-denominated lending risk in Hungary

Fitch Ratings said in a report published Tuesday that foreign currency lending in Hungary in Swiss francs and Japanese yen...

MNB

Fitch warns of CHF-, JPY-denominated lending risk in Hungary

Fitch Ratings said in a report published Tuesday that foreign currency lending in Hungary in Swiss francs and Japanese yen...

MNB

ECB keeps interest rates at 4%

The European Central Bank kept benchmark interest rates unchanged at 4.0% on Thursday, as expected, as policymakers weigh the risk...

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...