MNB

MNB

Bullion should shake off IMF’s gold sales

According to analysts, the IMF’s plan to sell part of its gold should not affect bullion prices since any possible...

MNB

Indians melt down gold jewelry as prices soar

The liquid gold bubbling in giant vats at a refinery near Mumbai attests to the sentiment on the streets of...

MNB

Indians melt down gold jewelry as prices soar

The liquid gold bubbling in giant vats at a refinery near Mumbai attests to the sentiment on the streets of...

MNB

China fund takes $2.8 bln stake in France’s Total – paper

The body that manages the bulk of China’s $1.65 trillion in foreign exchange reserves has bought a $2.8 billion stake...

MNB

China fund takes $2.8 bln stake in France’s Total – paper

The body that manages the bulk of China’s $1.65 trillion in foreign exchange reserves has bought a $2.8 billion stake...

MNB

Hungary’s net foreign debt up €9.721 bln in 2007

Hungary’s net foreign debt (excluding ‘other capital’ within direct investment) rose €9.721 billion in 2007 to €40.716 billion at the...

MNB

Hungary’s net foreign debt up €9.721 bln in 2007

Hungary’s net foreign debt (excluding ‘other capital’ within direct investment) rose €9.721 billion in 2007 to €40.716 billion at the...

MNB

Central bankers make ready extra funds

The central banks of the United Kingdom and Switzerland promised extra funds to ease pressure on interbank lending rates yesterday...

MNB

Central bankers make ready extra funds

The central banks of the United Kingdom and Switzerland promised extra funds to ease pressure on interbank lending rates yesterday...

MNB

Investec fund bets on small gold producers

Small and medium-sized gold producers with rising output which hasn’t been hedged are bid targets and a better bet than...

MNB

Investec fund bets on small gold producers

Small and medium-sized gold producers with rising output which hasn’t been hedged are bid targets and a better bet than...

MNB

Moscow seeks early repayment of $1.3 bln debt to S.Korea

Russia’s Finance Ministry has proposed that the country’s $1.3 billion Soviet-era debt to South Korea be paid off ahead of...

MNB

Moscow seeks early repayment of $1.3 bln debt to S.Korea

Russia’s Finance Ministry has proposed that the country’s $1.3 billion Soviet-era debt to South Korea be paid off ahead of...

MNB

Gold bounces on bargain hunting but dollar, oil weigh

Gold rebounded on bargain hunting on Tuesday but held near its lowest in a month, with its appeal as an...

MNB

Gold bounces on bargain hunting but dollar, oil weigh

Gold rebounded on bargain hunting on Tuesday but held near its lowest in a month, with its appeal as an...

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...