464 result(s) for currency
Hungary’s Fidesz Youth Ex-Leader Caught With Forged Notes
- 12 Feb 2015 8:00 AM
- current affairs
Áron Veress, former head of the youth chapter of Fidesz, was arrested on Friday, when he attempted to exchange a counterfeit €100 note at a currency change office in Keleti train station. The owner of the office informed the police when he noticed what was clearly a forged note.
Hungary’s Top Court Rejects Request To Annul Parts Of Retail Loan Contracts Law
- 30 Jan 2015 8:00 AM
- property
Hungary’s Constitutional Court has rejected a request to annul some parts of legislation on retail loan contracts. The Metropolitan Appeals Court had submitted the request in connection with court cases involving four banks. The request was made based on the argument that the legislation violated the principles of the division of power and legal security.
Analysts Turn Bearish On Hungary's Economy
- 23 Jan 2015 8:00 AM
- business
Only 12.5% of analysts described Hungary’s economic situation as good, compared with 19.1% in December, while 20.8% considered it downright bad, according to survey by German research institute ZEW and Erste Bank.
Hungarian Forint Soars Against Euro
- 23 Jan 2015 8:00 AM
- business
The forint was trading at 312.72 to the euro late Thursday on the interbank forex market, up from 315.31 late Wednesday. It hit an alltime low at 327.62 last Thursday. The Hungarian currency got a boost from a falling euro against the dollar after the ECB announced an extended asset purchase programme comprising sovereign euro area debt.
Measures On FX Loans Save Hungary HUF 1TR, Says Varga
- 22 Jan 2015 8:00 AM
- business
The government’s measures to shield foreign currency loan-holders have saved Hungary a total of around 1,000 billion forints, the economy minister said. Mihály Varga told public television M1 that since the majority of FX mortgages were denominated in Swiss franc, special attention had been placed on the fluctuation of the currency against the forint.
Rogán: Hungary Would Suffer If It Replaced Forint With Euro
- 20 Jan 2015 8:00 AM
- business
Hungary is likely to have fulfilled the preconditions for adopting the euro by 2020 but it would only be worth contemplating replacing the forint if it appeared that the country would benefit from such a move, Antal Rogán, parliamentary group leader of the ruling Fidesz party, told journalists. In a recent interview to Magyar Hírlap daily, Rogán said that the Hungarian economy would be in a fit ...
Swiss Central Bank Move Sends Hungarian Forint Tumbling
- 16 Jan 2015 8:00 AM
- business
The forint sank to new all-time lows against the euro and the Swiss franc yesterday after Switzerland’s central bank stunned markets by scrapping the ceiling on its currency, in place since 2011. The Swiss franc surged to 0.85 per euro from 1.20, a 40% gain, before stabilising at parity with the euro.
Hungarian Forint Plunges Against Swiss Franc
- 15 Jan 2015 5:04 AM
- business
The forint plunged against the Swiss franc on Thursday morning after the Swiss National Bank said it was discontinuing its minimum exchange rate of 1.20 francs to the euro. The forint traded at 310.34 to the Swiss franc around 11 in the morning from 265.51 about an hour earlier.
Hungarian Forint Wobbles Then Mostly Stable On Interbank Market
- 8 Jan 2015 8:00 AM
- business
The forint was trading at 318.39 to the euro late Wednesday on the interbank forex market, up from 319.66 late on the previous day. At 319.94 to the euro early Wednesday, the forint moved between 318.38 and 320.87, after it fell to a new three-year low at 321.35 on Tuesday.
Hungary’s Fidesz Youth Ex-Leader Caught With Forged Notes
- 12 Feb 2015 8:00 AM
- current affairs
Áron Veress, former head of the youth chapter of Fidesz, was arrested on Friday, when he attempted to exchange a counterfeit €100 note at a currency change office in Keleti train station. The owner of the office informed the police when he noticed what was clearly a forged note.
Hungary’s Top Court Rejects Request To Annul Parts Of Retail Loan Contracts Law
- 30 Jan 2015 8:00 AM
- property
Hungary’s Constitutional Court has rejected a request to annul some parts of legislation on retail loan contracts. The Metropolitan Appeals Court had submitted the request in connection with court cases involving four banks. The request was made based on the argument that the legislation violated the principles of the division of power and legal security.
Analysts Turn Bearish On Hungary's Economy
- 23 Jan 2015 8:00 AM
- business
Only 12.5% of analysts described Hungary’s economic situation as good, compared with 19.1% in December, while 20.8% considered it downright bad, according to survey by German research institute ZEW and Erste Bank.
Hungarian Forint Soars Against Euro
- 23 Jan 2015 8:00 AM
- business
The forint was trading at 312.72 to the euro late Thursday on the interbank forex market, up from 315.31 late Wednesday. It hit an alltime low at 327.62 last Thursday. The Hungarian currency got a boost from a falling euro against the dollar after the ECB announced an extended asset purchase programme comprising sovereign euro area debt.
Measures On FX Loans Save Hungary HUF 1TR, Says Varga
- 22 Jan 2015 8:00 AM
- business
The government’s measures to shield foreign currency loan-holders have saved Hungary a total of around 1,000 billion forints, the economy minister said. Mihály Varga told public television M1 that since the majority of FX mortgages were denominated in Swiss franc, special attention had been placed on the fluctuation of the currency against the forint.
Rogán: Hungary Would Suffer If It Replaced Forint With Euro
- 20 Jan 2015 8:00 AM
- business
Hungary is likely to have fulfilled the preconditions for adopting the euro by 2020 but it would only be worth contemplating replacing the forint if it appeared that the country would benefit from such a move, Antal Rogán, parliamentary group leader of the ruling Fidesz party, told journalists. In a recent interview to Magyar Hírlap daily, Rogán said that the Hungarian economy would be in a fit ...
Swiss Central Bank Move Sends Hungarian Forint Tumbling
- 16 Jan 2015 8:00 AM
- business
The forint sank to new all-time lows against the euro and the Swiss franc yesterday after Switzerland’s central bank stunned markets by scrapping the ceiling on its currency, in place since 2011. The Swiss franc surged to 0.85 per euro from 1.20, a 40% gain, before stabilising at parity with the euro.
Hungarian Forint Plunges Against Swiss Franc
- 15 Jan 2015 5:04 AM
- business
The forint plunged against the Swiss franc on Thursday morning after the Swiss National Bank said it was discontinuing its minimum exchange rate of 1.20 francs to the euro. The forint traded at 310.34 to the Swiss franc around 11 in the morning from 265.51 about an hour earlier.
Hungarian Forint Wobbles Then Mostly Stable On Interbank Market
- 8 Jan 2015 8:00 AM
- business
The forint was trading at 318.39 to the euro late Wednesday on the interbank forex market, up from 319.66 late on the previous day. At 319.94 to the euro early Wednesday, the forint moved between 318.38 and 320.87, after it fell to a new three-year low at 321.35 on Tuesday.