Enter your e-mail address below
to reset your password.
Please activate your registration
by clicking the link in the activation email
or click submit to resend the activation email.
Please check your spam folder too...
Check your mailbox to activate your registration.
Please check your spam folder too.
The National Bank of Hungary (MNB) could close this year with a HUF 12bn loss, well under the HUF 95bn loss expected earlier, central bank governor András Simor told a parliamentary committee on Tuesday.
The MNB could realize an exchange rate gain on foreign currency issued to commercial banks to cover early repayments of forex mortgages, causing the central bank's loss to narrow, Simor explained.
The MNB is holding euro tenders to ensure banks have sufficient liquidity for the early repayment scheme.