165 result(s) for base rate in Business
Markets Will Be Quick To Punish Any Expansionary Budget Policy In Hungary
- 17 May 2010 4:00 AM
- business
"Hungary’s currency and bonds may weaken on investor concern the new government will widen the budget deficit as the Greek crisis pushes the European Union to cap shortfalls, Bloomberg reported on Friday, citing analysts, who warned that the market will be quick to punish any expansionary budget policy.
Hungary Forint Eases To Horrific Levels
- 7 May 2010 6:00 AM
- business
"As the signs of panic became apparent, Hungary’s forint eased further against the euro late on Thursday. Amidst increasing selling pressure the HUF depreciated to above 284, but in early morning trading on Friday the market seemed more at calm and EUR/HUF is currently quoted at around 282.
Hungary C.Bank Chief Intends To Stay Until His Mandate Expires
- 27 Apr 2010 3:00 AM
- business
"There were two proposals discussed at the Monetary Council’s rate meeting on Monday, one to lower the benchmark rate by 25 bps and one to cut it by 50 bps. The former proposal was supported by a "convincing majority", NBH Governor András Simor told a press conference. Hungary’s base rate was trimmed to an all-time low of 5.15% today.
Euro Adoption Five Years Away For Hungary - Again
- 26 Apr 2010 5:00 AM
- business
"Analysts have been forecasting Hungary’s inflation higher and higher every month, the latest Reuters poll conducted in April showed. This, however, will not be regarded as an obstacle by the central bank (NBH) to cut is base rate further next Monday, they say.
Hungary's Forint Remains Top Eye-Catcher In EM
- 1 Apr 2010 3:00 AM
- business
"Hungary’s forint has topped the Emerging Markets FX Scorecard of Credit Suisse for the third month in a row. The latest run of CS’s currency model, the "Scorecard", suggests being long HUF, BRL and PLN against being short IDR, INR, ZAR and RUB vs. USD in April 2010, Credit Suisse said on Wednesday.
The Sky Is Blue, The Grass Is Green And Hungary's C.Bank Cuts Rates 25 bps
- 30 Mar 2010 3:00 AM
- business
"The National Bank of Hungary (NBH) has on Monday reduced its key policy rate by 25 basis points to 5.50%, as expected. The base rate has not been this low since the change of regime. The Monetary Council has cut the benchmark rate for the ninth consecutive month and by 25 bps for the third time in a row.
Hungary Euro Adoption Further In The Distance
- 26 Mar 2010 2:00 AM
- business
"The market has raised its deficit forecast for 2010 for the sixth month in a row, a Reuters poll conducted between March 22 and 25 and published on Thursday showed. According to the consensus forecast of analysts, the central bank (NBH) will continue its rate cut cycle next Monday, with only three of the 27 respondents projecting unchanged rates.
JPmorgan Sees Hungary's Forint At 250 vs EUR By End-2011
- 22 Mar 2010 1:00 AM
- business
"Hungary’s forint could firm to 250 versus the euro by the end of 2011, and the country is likely to be the first in the region to join the euro zone, JPMorgan projected in its latest quarterly research note on Friday. While JPMorgan’s analysts expect the Hungarian economy to grow by 0.5% this year, UBS is less upbeat, forecasting a 0.5% GDP contraction.
Hungarian Economy Getting Up From The Mat, But Not Even In Semi-Kneeling Position
- 11 Mar 2010 2:00 AM
- business
@Hungary’s gross domestic product (GDP) dropped by 4.0% year on year in the fourth quarter of 2009, according to raw data and decreased by 4.1%, according to figures adjusted for calendar effects, the Central Statistics Office (KSH) has reported on Wednesday. Seasonally adjusted numbers showed an 0.4% quarter-on-quarter contraction. The Hungarian economy contracted by 6.3% yr/yr in the whole of ...
Markets Will Be Quick To Punish Any Expansionary Budget Policy In Hungary
- 17 May 2010 4:00 AM
- business
"Hungary’s currency and bonds may weaken on investor concern the new government will widen the budget deficit as the Greek crisis pushes the European Union to cap shortfalls, Bloomberg reported on Friday, citing analysts, who warned that the market will be quick to punish any expansionary budget policy.
Hungary Forint Eases To Horrific Levels
- 7 May 2010 6:00 AM
- business
"As the signs of panic became apparent, Hungary’s forint eased further against the euro late on Thursday. Amidst increasing selling pressure the HUF depreciated to above 284, but in early morning trading on Friday the market seemed more at calm and EUR/HUF is currently quoted at around 282.
Hungary C.Bank Chief Intends To Stay Until His Mandate Expires
- 27 Apr 2010 3:00 AM
- business
"There were two proposals discussed at the Monetary Council’s rate meeting on Monday, one to lower the benchmark rate by 25 bps and one to cut it by 50 bps. The former proposal was supported by a "convincing majority", NBH Governor András Simor told a press conference. Hungary’s base rate was trimmed to an all-time low of 5.15% today.
Euro Adoption Five Years Away For Hungary - Again
- 26 Apr 2010 5:00 AM
- business
"Analysts have been forecasting Hungary’s inflation higher and higher every month, the latest Reuters poll conducted in April showed. This, however, will not be regarded as an obstacle by the central bank (NBH) to cut is base rate further next Monday, they say.
Hungary's Forint Remains Top Eye-Catcher In EM
- 1 Apr 2010 3:00 AM
- business
"Hungary’s forint has topped the Emerging Markets FX Scorecard of Credit Suisse for the third month in a row. The latest run of CS’s currency model, the "Scorecard", suggests being long HUF, BRL and PLN against being short IDR, INR, ZAR and RUB vs. USD in April 2010, Credit Suisse said on Wednesday.
The Sky Is Blue, The Grass Is Green And Hungary's C.Bank Cuts Rates 25 bps
- 30 Mar 2010 3:00 AM
- business
"The National Bank of Hungary (NBH) has on Monday reduced its key policy rate by 25 basis points to 5.50%, as expected. The base rate has not been this low since the change of regime. The Monetary Council has cut the benchmark rate for the ninth consecutive month and by 25 bps for the third time in a row.
Hungary Euro Adoption Further In The Distance
- 26 Mar 2010 2:00 AM
- business
"The market has raised its deficit forecast for 2010 for the sixth month in a row, a Reuters poll conducted between March 22 and 25 and published on Thursday showed. According to the consensus forecast of analysts, the central bank (NBH) will continue its rate cut cycle next Monday, with only three of the 27 respondents projecting unchanged rates.
JPmorgan Sees Hungary's Forint At 250 vs EUR By End-2011
- 22 Mar 2010 1:00 AM
- business
"Hungary’s forint could firm to 250 versus the euro by the end of 2011, and the country is likely to be the first in the region to join the euro zone, JPMorgan projected in its latest quarterly research note on Friday. While JPMorgan’s analysts expect the Hungarian economy to grow by 0.5% this year, UBS is less upbeat, forecasting a 0.5% GDP contraction.
Hungarian Economy Getting Up From The Mat, But Not Even In Semi-Kneeling Position
- 11 Mar 2010 2:00 AM
- business
@Hungary’s gross domestic product (GDP) dropped by 4.0% year on year in the fourth quarter of 2009, according to raw data and decreased by 4.1%, according to figures adjusted for calendar effects, the Central Statistics Office (KSH) has reported on Wednesday. Seasonally adjusted numbers showed an 0.4% quarter-on-quarter contraction. The Hungarian economy contracted by 6.3% yr/yr in the whole of ...