Hungarian Central Bank Says Loan Repayments May Not Rise After Moratorium
- 24 Mar 2020 7:45 AM
The National Bank of Hungary (NBH) has said lenders may not raise borrowers’ instalments after a moratorium on repayments expires at year-end.
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Hungarian Forint Touches Record Low Against Euro, Dollar
- 21 Mar 2020 6:12 AM
The forint has hit record lows against the euro, US dollar and the Swiss franc. The euro was quoted at nearly 357.49 forints on Friday morning after having scraped a record low of 360.10 on Thursday.
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Hungary Orders Loans Relief
- 19 Mar 2020 10:10 AM
The government is forgiving certain loan repayments this year, including those on baby bonds and student loans, due to the novel coronavirus epidemic, the head of the Prime Minister’s Office said.
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Forint Slips Past 345 To Euro: New Historical Low
- 17 Mar 2020 7:51 AM
The forint weakened as far as 345.04 to the euro in the afternoon on Monday, a new historical low.
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Official Hails EU Report On Hungary's Economic Achievements
- 4 Mar 2020 6:34 AM
The European Commission has recognised the Hungarian government’s economic achievements, a state secretary of the innovation and technology ministry said, commenting on the EC’s latest country report.
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Hungarian Banks Launch Instant Payments
- 2 Mar 2020 10:31 AM
The instant payments system will become available at Hungarian banks from Monday, with domestic bank transfers booked in 5 seconds instead of the current maximum of four hours.
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