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 Budapest Stock Exchange's main BUX index finished Tuesday up 2.87pc at 116,425.94, extending gains to continue a new year rally.
The National Bank of Hungary (MNB) lowered its forecast for 2026 average annual inflation to 3.2% in a report published in full on Thursday, state news wire MTI writes.
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.
By early Wednesday evening, the euro's exchange rate approached 381 Forints, marking an 18-month high for the Hungarian currency. The euro stood above 384 Forints on Wednesday morning, but the Forint began to strengthen steadily from 11 AM, with the rate falling below 381.7 Forints just before 7 PM.










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