1,203 result(s) for central bank
Fitch Sees Crisis Delaying Eastern European Euro Adoption
- 7 May 2010 5:00 AM
- business
"The global financial crisis has caused a further setback to euro adoption timetables in most EU member states in central and eastern Europe (CEE), owing to a marked widening of budget deficits and higher sovereign bond spreads, Fitch Ratings has said in a new report on Thursday. The exception, in the rating agency’s view, is Estonia, which Fitch expects to join the euro area in January 2011.
Hungary Orbán Names Three Top Officials In New Government
- 29 Apr 2010 6:00 AM
- current affairs
"Viktor Orbán, Hungary’s incoming Prime Minister has named three members of his new government on Thursday. The Prime Minister’s Office will be abolished to be replaced by a body for the Prime Minister ("Miniszterelnökség" instead of "Miniszterelnöki Hivatal"), the political centre of the cabinet, he added.
Hungary's Forint Drops Sharply Over Greece, Fidesz Flaying C.Bank Chief
- 28 Apr 2010 3:00 AM
- business
"First day after the overwhelming election victory of Hungary’s centre-right Fidesz party, Prime Minister candidate Viktor Orbán has already jumped down the throat of the financial markets regulator (PSZÁF) and the National Bank of Hungary (NBH), especially harshly criticising central bank Governor András Simor. Analysts do not seem to be happy.
Hungary's Central Bank A "Lodging For Offshore Knighs" - Orbán
- 27 Apr 2010 4:00 AM
- current affairs
"Whether or not current regulations on Hungary's financial markets supervision (PSZÁF) and central bank (NBH) will be changed is up Parliament to decide, said Hungary’s incoming Prime Minister Viktor Orbán at a press conference on Monday. While his response to an inquiry about the potential merger of the two was rather diplomatic, he did criticize both the watchdog and the head of the NBH.
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 Forint Firms Following Fidesz Victory
- 26 Apr 2010 5:00 AM
- business
"Hungary’s forint started the week on a strong footing, after centre-right Fidesz mustered a two-thirds legislative majority in the second round of elections on Sunday. The HUF’s appreciation is also linked to positive global investor sentiment.
Hungary's Forint Leans Towards Strenghtening Amidst Lighter Global Mood
- 21 Apr 2010 5:00 AM
- business
"Global investor sentiment is on the mend, which has lent some momentum to Hungary’s forint against the euro, as well. The international macro calendar is relatively empty therefore US corporate earnings reports and the economic/financial implications of the Icelandic volcano eruption are prone to affect investors’ mood today.
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.
Fitch Sees Crisis Delaying Eastern European Euro Adoption
- 7 May 2010 5:00 AM
- business
"The global financial crisis has caused a further setback to euro adoption timetables in most EU member states in central and eastern Europe (CEE), owing to a marked widening of budget deficits and higher sovereign bond spreads, Fitch Ratings has said in a new report on Thursday. The exception, in the rating agency’s view, is Estonia, which Fitch expects to join the euro area in January 2011.
Hungary Orbán Names Three Top Officials In New Government
- 29 Apr 2010 6:00 AM
- current affairs
"Viktor Orbán, Hungary’s incoming Prime Minister has named three members of his new government on Thursday. The Prime Minister’s Office will be abolished to be replaced by a body for the Prime Minister ("Miniszterelnökség" instead of "Miniszterelnöki Hivatal"), the political centre of the cabinet, he added.
Hungary's Forint Drops Sharply Over Greece, Fidesz Flaying C.Bank Chief
- 28 Apr 2010 3:00 AM
- business
"First day after the overwhelming election victory of Hungary’s centre-right Fidesz party, Prime Minister candidate Viktor Orbán has already jumped down the throat of the financial markets regulator (PSZÁF) and the National Bank of Hungary (NBH), especially harshly criticising central bank Governor András Simor. Analysts do not seem to be happy.
Hungary's Central Bank A "Lodging For Offshore Knighs" - Orbán
- 27 Apr 2010 4:00 AM
- current affairs
"Whether or not current regulations on Hungary's financial markets supervision (PSZÁF) and central bank (NBH) will be changed is up Parliament to decide, said Hungary’s incoming Prime Minister Viktor Orbán at a press conference on Monday. While his response to an inquiry about the potential merger of the two was rather diplomatic, he did criticize both the watchdog and the head of the NBH.
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 Forint Firms Following Fidesz Victory
- 26 Apr 2010 5:00 AM
- business
"Hungary’s forint started the week on a strong footing, after centre-right Fidesz mustered a two-thirds legislative majority in the second round of elections on Sunday. The HUF’s appreciation is also linked to positive global investor sentiment.
Hungary's Forint Leans Towards Strenghtening Amidst Lighter Global Mood
- 21 Apr 2010 5:00 AM
- business
"Global investor sentiment is on the mend, which has lent some momentum to Hungary’s forint against the euro, as well. The international macro calendar is relatively empty therefore US corporate earnings reports and the economic/financial implications of the Icelandic volcano eruption are prone to affect investors’ mood today.
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.