HUF Becomes Europe’s Fifth Weakest Currency
- 7 Sep 2020 8:59 AM
The forint is the fifth worst-performing European currency so far this year as it has weakened by some 8.5%, Portfolio reports.
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Hungary Q2 GDP Nosedives 13.6%
- 2 Sep 2020 10:17 AM
Hungary’s economic output shrank by an annual 13.6% in the second quarter this year, with industry and services contracting sharply due to the pandemic, according to a second reading of the data published by the Central Statistical Office (KSH).
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Hungarian Forint Drops To Near All-Time Low
- 28 Aug 2020 7:25 AM
The forint traded at 356.56 to the euro at 5:30 in the evening on Thursday’s interbank market, softening from 356.05 late on Wednesday.
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Hungary Had Highest Inflation In EU This July
- 24 Aug 2020 9:52 AM
Hungary had the highest annual inflation rate among EU member state in July at 3.9%, according to Eurostat, writes novekedes.hu.
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Hungary’s Economy Will Rebound, Reaching Pre-Pandemic Levels By Early 2022, Predicts Rating Agency
- 17 Aug 2020 8:47 AM
Fitch Ratings and S+P Global Ratings both affirmed Hungary’s ‘BBB’ sovereign ratings with stable outlooks at scheduled reviews on Friday.
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Fraudsters Abuse Csányi Name Offering Cryptocurrency Services
- 11 Aug 2020 8:46 AM
Fraudsters are abusing the name of OTP chairman and CEO Sándor Csányi in messages offering cryptocurrency services, the bank warned the public on Monday.
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