Forint Under Pressure Again
- 15 Oct 2020 9:07 AM
The Hungarian currency shed 2% of its value against the euro this week due to fears of the economic impact of the second wave of the pandemic, HVG reports.
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OTP Celebrates 25 Years On Budapest Stock Exchange
- 8 Oct 2020 8:28 AM
The Budapest Stock Exchange has awarded chairman and CEO of OTP bank Sándor Csányi for his achievement in heading the largest bank in Hungary, BSE chairman Mihály Patai announced as the 25th anniversary of the listing of the share was celebrated on Wednesday.
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HUF Nears All-Time Low Against Euro
- 30 Sep 2020 12:15 PM
The forint exchange rate is hovering only 1% above its all-time weakest position of Ft 369.5 to the euro, reached in the spring, Portfolio observed.
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Hungarian Finance Minister Augurs Economic Turnaround In First Half Of 2021
- 29 Sep 2020 7:45 AM
Finance Minister Mihály Varga (pictured on top) projected the economy would turn around in the first half of next year as the recovery from the coronavirus crisis is slow across Europe, in an interview on public radio.
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Base Rate Kept On Hold By Hungarian Central Bank
- 23 Sep 2020 11:14 AM
Hungarian rate-setters kept the base rate on hold at 0.60% at a regular meeting. The Monetary Council also left the interest rate corridor unchanged, the National Bank of Hungary (NHH) said.
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National Bank Of Hungary Knocks Down GDP Forecast
- 23 Sep 2020 10:34 AM
The National Bank of Hungary (NBH) expects the economy to contract between 5.1% and 6.8% this year, forecasts from its latest quarterly Inflation Report show.
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