MNB

MNB

Pallas Athéné Foundation assets close to HUF 281 bln

Assets of the National Bank of Hungary's Pallas Athéné Foundation reached HUF 280.8 billion at the end of the first...

MNB

MNB int’l reserves stand at EUR 36.972 bln

International reserves of the National Bank of Hungary (MNB) stood at EUR 36.972 billion at the end of March, EUR...

MNB

Monetary Council considered other base rate increments

Members of the Monetary Council of the National Bank of Hungary (MNB) discussed several increments for the base rate rise...

MNB

MNB discontinues HUFONIA Swap Index

The National Bank of Hungary published the daily fixing of its HUFONIA Swap Index for the last time on last...

MNB

MNB keeps 1-week deposit rate at 6.15%

The National Bank of Hungary (MNB) left the rate for its one-week deposit facility unchanged at 6.15% ahead of a...

MNB

MNB extends EUR 4 bln ECB repo line 

The National Bank of Hungary (MNB) said the maturity of a EUR 4 bln repo line it has with the...

MNB

MNB raises 1-week deposit rate 30 bp to 6.15%

The National Bank of Hungary (MNB) raised the rate for its one-week deposit facility by 30 bp to 6.15% ahead...

MNB

Policymakers raise base rate 100 bp to 4.4%

The Monetary Council of the National Bank of Hungary (MNB) decided to raise the central bank base rate by 100...

MNB

MNB prepares climate-related financial disclosure

The National Bank of Hungary (MNB) is among the first central banks and domestic financial institutions to publish its Climate-related...

MNB

MNB leaves 1-week deposit rate on hold

The National Bank of Hungary (MNB) left the rate for its one-week deposit facility on hold at 5.85% ahead of...

MNB

MNB raises 1-week deposit rate by 50 bp to 5.85%

The National Bank of Hungary (MNB) raised the rate for its one-week deposit facility by 50 bp to 5.85% ahead...

MNB

MNB’s BGS subscription nearing threshold

The National Bank of Hungary (MNB) has bought HUF 1.509 trillion of corporate securities in the framework of its Bond...

MNB

MNB int’l reserves rise EUR 730 mln in February

International reserves of the National Bank of Hungary (MNB) stood at EUR 36.246 billion at the end of February, up...

MNB

MNB raises 1-week depo rate by 75 bp to 5.35%

The National Bank of Hungary (MNB) raised the rate for its one-week deposit facility by 75 bp to 5.35% ahead...

MNB

MNB raises 1-week depo rate by 30 bp to 4.6%

The National Bank of Hungary (MNB) raised the rate for its one-week deposit facility by 30 bp to 4.6% ahead...

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...