MNB: Hungaryʼs C/A surplus €859.1 mln in September
Hungaryʼs current-account surplus reached €859.1 million in September, according to a monthly balance of payment data published by the National Bank of Hungary (MNB) this morning, Hungarian news agency MTI reported.
The countryʼs external financing capacity - calculated as a combined surplus of the current and capital accounts – came to €1.212 billion in September. Based on the financial account, the September external financing capacity was €1.031 bln.
Net transfers from the European Union reached €543.7 mln as a balance of €581.1 mln inflows and €37.4 mln outflows in September, the accrual-based figures show.
Some €353.6 mln of both the net and gross inflows was in capital transfers.
The MNB started releasing the monthly balance of payments report in July 2014. The monthly data include estimates and are available on the website only until the publication of the respective quarterly figures.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.