New 500 Forint Launched
- 4 Jul 2018 10:01 AM
- Hungary Matters
The new 500 forint bills will become legal currency from July 4, but will not come into broad circulation until February 1, 2019.
MTI Photo: Bruzák Noémi
The new 500 forint bills will become legal currency from July 4, but will not come into broad circulation until February 1, 2019.
MTI Photo: Bruzák Noémi
XpatLoop Media Partner
Launched in January 2014, this newsletter published on week days covers 'everything you need to know about what’s going on in Hungary and beyond', according to its publisher the state media agency MTI.
The value of financial fraud in Hungary is on the decline, but still high, at around HUF 5bn per quarter, Lajos Bartha, a managing director at the National Bank of Hungary (NBH) said at a conference in Budapest.
The Monetary Council of the National Bank of Hungary (NBH) decided to leave the central bank base rate unchanged at 6.50pc at a monthly policy meeting.
The National Bank of Hungary (NBH) has issued guidance to lenders on handling reports of fraud from retail clients in an executive circular, the central bank and financial market regulator said.
The Budapest Stock Exchange's main BUX index finished Tuesday up 2.87pc at 116,425.94, extending gains to continue a new year rally.












LATEST NEWS IN finance