ADVERTISEMENT

MNB intʼl reserves rise EUR 1.335 bln in November

MNB

The National Bank of Hungaryʼs (MNB) international reserves stood at EUR 29.312 billion at the end of November, up EUR 1.335 bln from the end of the previous month, preliminary data released Friday show, Hungarian news agency MTI reports.

The reserves were up EUR 1.909 bln from the end of 2018.

In November, currency reserves, which include currency, deposits, and securities, came to EUR 27.495 bln, up EUR 1.520 bln from the previous month.

Other reserve assets, which contain financial derivatives, receivables on active repo transactions and loans to non-bank non-residents, fell EUR 162 million to EUR 102 mln.

Monetary gold reserves stood at EUR 1.34 bln, down EUR 25 mln from the previous month, while reserve positions at the International Monetary Fund edged up EUR 4 mln to EUR 373 mln.

Alteo Revenue Down 26% in Q1 Green Energy

Alteo Revenue Down 26% in Q1

Gov't to Call HUF 75 bln Tender to Support Innovation by SME... Government

Gov't to Call HUF 75 bln Tender to Support Innovation by SME...

Gen Z Bringing New Challenges to Office Market Office Market

Gen Z Bringing New Challenges to Office Market

1990s Hungary Inspires Debut Novel ‘Ilona Gets a Phone’ History

1990s Hungary Inspires Debut Novel ‘Ilona Gets a Phone’

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.