MNB

MNB

S&P: crisis hurt French banks in 2007

French banks have suffered from the current financial crisis, and their 2008 results will continue to be marked by the...

MNB

S&P: crisis hurt French banks in 2007

French banks have suffered from the current financial crisis, and their 2008 results will continue to be marked by the...

MNB

Gold dips but off 1-month lows as Thai buyers emerge

Gold dipped on trade thinned by holidays in Asia but the metal held above a 1-month low hit the previous...

MNB

Gold dips but off 1-month lows as Thai buyers emerge

Gold dipped on trade thinned by holidays in Asia but the metal held above a 1-month low hit the previous...

MNB

UniCredit profit rises 15%

UniCredit Bank Hungary's after-tax profit rose 14.8% to Ft 21.9 billion in 2007, the bank said....

MNB

UniCredit profit rises 15%

UniCredit Bank Hungary's after-tax profit rose 14.8% to Ft 21.9 billion in 2007, the bank said....

MNB

Asian jewelers on buying spree as price sinks

Jewelers across Asia rushed to buy gold on Thursday after prices tumbled more than $100 an ounce since spiking to...

MNB

Asian jewelers on buying spree as price sinks

Jewelers across Asia rushed to buy gold on Thursday after prices tumbled more than $100 an ounce since spiking to...

MNB

Hungary lowers GDP, raises inflation forecasts

The Hungarian government has reduced its GDP forecast for 2008 from 2.8% in the updated convergence program to 2.4%, Finance...

MNB

Hungary lowers GDP, raises inflation forecasts

The Hungarian government has reduced its GDP forecast for 2008 from 2.8% in the updated convergence program to 2.4%, Finance...

MNB

Gold is headed to $2,000 an ounce

A US investment expert said that through gradual increases, the price of gold could reach $2,000 an ounce....

MNB

Gold is headed to $2,000 an ounce

A US investment expert said that through gradual increases, the price of gold could reach $2,000 an ounce....

MNB

Deccan Gold expects gold production by end-2010

India's Deccan Gold Mines Ltd expects to start gold production by end-2010 with the new mines policy likely to help...

MNB

Deccan Gold expects gold production by end-2010

India's Deccan Gold Mines Ltd expects to start gold production by end-2010 with the new mines policy likely to help...

MNB

Northern Rock to cut a third of its staff

Britain's trouble-ridden Northern Rock bank, which was nationalized on February 21, said that it will cut about 2,000 jobs and...

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...