MNB

MNB

PwC: Power deals continue to set new records despite credit crunch

Power sector M&A soared to new record levels in 2007, despite the effect of the credit crunch. The latest edition...

MNB

PwC: Power deals continue to set new records despite credit crunch

Power sector M&A soared to new record levels in 2007, despite the effect of the credit crunch. The latest edition...

MNB

Serbia’s foreign debt doubles since 2000

The Belgrade Institute for Market Research (IZIT) said that the $25.04 billion figure at the end of November last year...

MNB

Serbia’s foreign debt doubles since 2000

The Belgrade Institute for Market Research (IZIT) said that the $25.04 billion figure at the end of November last year...

MNB

Gold bull set to persist

The end of the gold bull run may be two to three years away, Paul Walker, CEO of precious metals...

MNB

Gold bull set to persist

The end of the gold bull run may be two to three years away, Paul Walker, CEO of precious metals...

MNB

Russia’s GDP growth reached 8.1% in 2007

Russia’s GDP growth reached 8.1% in 2007, First Deputy Prime Minister Dmitry Medvedev said on Thursday citing the national statistics...

MNB

Russia’s GDP growth reached 8.1% in 2007

Russia’s GDP growth reached 8.1% in 2007, First Deputy Prime Minister Dmitry Medvedev said on Thursday citing the national statistics...

MNB

US Fed cuts key interest rate to 3.0%

The Federal Reserve decided Wednesday to cut a key interest rate by an additional half percentage point to 3.0% in...

MNB

US Fed cuts key interest rate to 3.0%

The Federal Reserve decided Wednesday to cut a key interest rate by an additional half percentage point to 3.0% in...

MNB

Investment: Go for gold, but get cautious on oil

“Dynamics have begun to change inexorably towards a diminishing supply of gold and increasing investment demand.” So said David Davis,...

MNB

Investment: Go for gold, but get cautious on oil

“Dynamics have begun to change inexorably towards a diminishing supply of gold and increasing investment demand.” So said David Davis,...

MNB

US Fed auctions another $30 bln in funds to banks

The US Federal Reserve said Tuesday, it auctioned $30 billion in funds to commercial banks Monday in an effort to...

MNB

US Fed auctions another $30 bln in funds to banks

The US Federal Reserve said Tuesday, it auctioned $30 billion in funds to commercial banks Monday in an effort to...

MNB

Dollar falls on US rate cut talk

The dollar fell against most major currencies as US Federal Reserve Chairman Ben Bernanke said the central bank was ready...

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...