MNB Int'l Reserves Fall EUR 358 mln in May

MNB

International reserves of the National Bank of Hungary (MNB) stood at EUR 39.52 billion at the end of May, down EUR 358 million from a month earlier, data published by the central bank on Wednesday show.

The stock of cash, deposits, and securities in the reserves fell EUR 1.222 bln to EUR 27.703 bln, but the stock of "other reserve instruments" rose EUR 751 mln to EUR 3.558 bln.

The value of monetary gold stood at EUR 5.573 bln and the value of IMF SDRs was EUR 2.31 bln.

The international reserves were EUR 811 mln over their level at the end of 2022.

Report Points to Increased Risk on Commercial Real Estate Ma... Analysis

Report Points to Increased Risk on Commercial Real Estate Ma...

Chinese President to Visit Budapest in May Visits

Chinese President to Visit Budapest in May

Richter Shareholders Approve HUF 423/Share Dividend Pharma

Richter Shareholders Approve HUF 423/Share Dividend

Liz & Chain Rooftop Bar Debuts Sustainable Cocktails Drinks

Liz & Chain Rooftop Bar Debuts Sustainable Cocktails

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
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.