MNB

MNB

Beware Russia’s shrinking c/a surplus-Moody’s

A gradually shrinking current account surplus coupled with the rising debt of state-controlled corporations pose challenges for Russia, Moody’s Investor...

MNB

Beware Russia’s shrinking c/a surplus-Moody’s

A gradually shrinking current account surplus coupled with the rising debt of state-controlled corporations pose challenges for Russia, Moody’s Investor...

MNB

Buffett says US in recession, stocks not cheap

Billionaire investor Warren Buffett said on Monday the US economy is in recession and “stocks are not cheap.”...

MNB

Buffett says US in recession, stocks not cheap

Billionaire investor Warren Buffett said on Monday the US economy is in recession and “stocks are not cheap.”...

MNB

Erste Bank Hungary net earnings double

Erste Bank Hungary's unconsolidated net revenues more than doubled to Ft 21.1 billion in 2007 from Ft 9.6 billion a...

MNB

Erste Bank Hungary net earnings double

Erste Bank Hungary's unconsolidated net revenues more than doubled to Ft 21.1 billion in 2007 from Ft 9.6 billion a...

MNB

Gold hits record high on surging oil, euro

Gold roared above $955 an ounce to its highest level ever, with investors pouring money into the metal after oil...

MNB

Gold hits record high on surging oil, euro

Gold roared above $955 an ounce to its highest level ever, with investors pouring money into the metal after oil...

MNB

Gold drops as possible IMF sales weigh

Gold extended losses after the US Treasury said it would support gold sales by the International Monetary Fund, which holds...

MNB

Gold drops as possible IMF sales weigh

Gold extended losses after the US Treasury said it would support gold sales by the International Monetary Fund, which holds...

MNB

Hungarian central bank scraps forint trading band

Hungary's central bank on Monday ended the forint's 30% trading band against the euro which has been in place since...

MNB

Hungarian central bank scraps forint trading band

Hungary's central bank on Monday ended the forint's 30% trading band against the euro which has been in place since...

MNB

Positive portents still for gold and silver

With South African gold output continuing to fall, exacerbated by the power problems being experienced there, the gold price is...

MNB

Positive portents still for gold and silver

With South African gold output continuing to fall, exacerbated by the power problems being experienced there, the gold price is...

MNB

RZD to issue $1 bln Eurobonds in March

Russia’s rail monopoly Russian Railways (RZD) plans to issue $1 billion in Eurobonds in March, the RZD president said on...

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...