Local Opinion: Forint Stabilising After Month-Long Drop
- 6 Jul 2018 8:21 AM
A pro-government financial expert cautions the National Bank against yielding to market pressure and raising interest rates.
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New 500 Forint Launched
- 4 Jul 2018 10:01 AM
The National Bank of Hungary will replace the 500 forint as the final element of a banknote replacement programme started in 2014. The old 500 forint bills will remain in circulation until October 31, 2019.
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Hungary State Debt 73.9% Of GDP At End-Q1
- 3 Jul 2018 9:28 AM
Hungary’s state debt as a percentage of GDP reached 73.9% at the end of the first quarter, a second reading of data released by the central bank show.
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Forint Sinks To New Record Low
- 28 Jun 2018 7:57 AM
The forint traded at more than 328 per euro on Wednesday afternoon, reaching its weakest level to date.
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Ministry: IMF Sees Hungary Economy, 2019 Budget On Sound Footing
- 28 Jun 2018 7:32 AM
The International Monetary Fund (IMF) sees Hungary’s macroeconomic situation as stable, considers its 2018 growth prospects strong and next year’s draft budget reassuring, the finance ministry said.
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Higher Oil Prices May Raise Consumer Price Index In Hungary
- 22 Jun 2018 10:37 AM
Inflation could rise slightly over the 3% mid-term target in the coming months on the back of sharp increases in global oil prices, but the National Bank of Hungary (NBH) said it expects no spillover effects in a quarterly report.
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