Forint Strengthens From Historic Low After National Bank Intervention
- 2 Apr 2020 12:41 PM
The forint started strengthening after a historic low on Wednesday following the central bank’s announcement of a tender for one-week deposits.
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Forint Hits Historic Low
- 2 Apr 2020 9:04 AM
The forint started at Ft 362 per euro at trading on Wednesday, already a very weak position, and then went into free fall hitting Ft 369.54 against the euro, a new historic low.
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Hungarian Wages Grew 9.2% In January
- 1 Apr 2020 7:44 AM
Wage growth for full-time workers in Hungary rose by an annual 9.2% in January, the Central Statistical Office (KSH) said.
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Community Matters: Best Expat-Friendly Banks In Budapest
- 31 Mar 2020 8:59 AM
Recently a member of the local expat community asked about good banks in Budapest to open an account and getting a debit card at reasonable fees. Here below are a few of the experiences shared by Xpats in the loop via XpatLoop's group on Facebook.
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Coronavirus: Hungary Has Spent HUF 225 Billion On Epidemic Response So Far
- 31 Mar 2020 8:00 AM
The government has so far spent 225 billion forints (EUR 630.3m) on buying protective equipment, building a container hospital and making other preparations in connection with the novel coronavirus epidemic, Prime Minister Viktor Orbán said in parliament.
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Coronavirus: Hungarian National Bank Calls On Banks To Keep Branches Open
- 30 Mar 2020 8:46 AM
The National Bank (MNB) has called on banks and other financial institutions to keep their branches open for business to allow personal administration during the period of curfew restrictions.
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