465 result(s) for currency
Hungary Fulfilled Its Prepayment Obligation To The IMF Before Deadline
- 26 Jan 2013 8:00 AM
- current affairs
On Friday Hungary has transferred 607 million EUR as loan prepayment to the International Monetary Fund due on 12 February 2013. By paying more than two weeks prior to maturity, market risks associated with repaying the IMF loan are eliminated.
Xpat Opinion: Hungary's Forint Comes Under Pressure
- 18 Jan 2013 8:00 AM
- business
As the Forint weakens against the Euro, pundits wonder why international speculators are selling the Hungarian currency, and whether its slump is the result of the uncertainty related to the imminent choice of a new National Bank president, and of a possible quantitative easing program.
Xpat Opinion: A Bad Week For The Hungarian Forint &The Government
- 15 Jan 2013 8:00 AM
- current affairs
Commentators agree that the weakening of the Hungarian currency (HUF) was due to a statement by the Minister of the Economy. One cautions the PM against nominating him for the presidency of the National Bank. Other analysts think recent events have dealt several blows to the authority of the governing élite.In a sarcastic week-end front page editorial, Népszabadság takes it almost for granted ...
IMF Delegation To Visit Hungary In January 2013
- 2 Jan 2013 8:02 AM
- current affairs
Coordination talks are under way with the International Monetary Fund and an IMF delegation is scheduled to visit Hungary between January 14 and 26 next year when official talks could be started, Hungary’s chief negotiator Minister Mihály Varga said on Tuesday.
Hungary's Forint Dives On Monday
- 18 Dec 2012 8:02 AM
- business
The forint exchange rate has broken out of the range Ft 280-285 per euro where it has been trading in recent months, weakening to Ft 288 yesterday. Rumours were that the central bank will not accept bids for its two week deposit facility, although this was denied by the MNB, foreign currency trader Ákos Ruzsonyi of Commerzbank said. Investors hold a total of Ft 4 trillion in this deposit, of ...
CEE Property Markets: Stalled Recovery Or The Beginning of Another Recession?
- 18 Dec 2012 8:00 AM
- property
According to KPMG’s new publication CEE Property Lending Barometer 2012, banks appear to be even less sanguine about a recovery of the real estate market. To assess the prospects for bank financing in the CEE real estate sector, KPMG surveyed 35 of the region’s leading banks. Despite the gloom, real estate projects with a strong business case do receive finance. It’s a typical scene in the region.
Foreign Currency Debt Issuance May Not Be Necessary Next Year In Hungary
- 18 Dec 2012 8:00 AM
- business
According to Minister of National Economy György Matolcsy, Hungary may not need to issue foreign currency denominated government securities on international financial markets next year. That was one of the issues the Minister spoke about at the economic programme G7 of Hungary’s public service broadcaster Kossuth Radio on Saturday.
Hungarian Debtors Shy From Fixed-Rate Repayment
- 30 Nov 2012 8:00 AM
- property
The number of foreign-currency mortgage debtors joining the fixed-rate repayment scheme was 15,552 in October, the financial supervisory Pszáf has announced. The scheme allows debtors to temporarily fix loan repayments at a rate of Ft 180 to the Swiss franc, or Ft 250 to the euro, while the difference between the actual and fixed exchange rates would accumulate in an accrual account to be repaid ...
Xpat Opinion: Guessing Hungary's PM Orbán’s Strategy In Negotiations With The EU
- 28 Nov 2012 8:00 AM
- current affairs
The leading pro-government daily welcomes the failure of the EU summit as a sign of democracy and good news for Hungary, while its left-wing counterpart accuses PM Orbán of selfishness. An influential economist says that although the EU’s growth forecasts are biased against Hungary, the government has to make efforts to convince Brussels anyway. An independent centrist outlet suspects that once ...
Hungary Fulfilled Its Prepayment Obligation To The IMF Before Deadline
- 26 Jan 2013 8:00 AM
- current affairs
On Friday Hungary has transferred 607 million EUR as loan prepayment to the International Monetary Fund due on 12 February 2013. By paying more than two weeks prior to maturity, market risks associated with repaying the IMF loan are eliminated.
Xpat Opinion: Hungary's Forint Comes Under Pressure
- 18 Jan 2013 8:00 AM
- business
As the Forint weakens against the Euro, pundits wonder why international speculators are selling the Hungarian currency, and whether its slump is the result of the uncertainty related to the imminent choice of a new National Bank president, and of a possible quantitative easing program.
Xpat Opinion: A Bad Week For The Hungarian Forint &The Government
- 15 Jan 2013 8:00 AM
- current affairs
Commentators agree that the weakening of the Hungarian currency (HUF) was due to a statement by the Minister of the Economy. One cautions the PM against nominating him for the presidency of the National Bank. Other analysts think recent events have dealt several blows to the authority of the governing élite.In a sarcastic week-end front page editorial, Népszabadság takes it almost for granted ...
IMF Delegation To Visit Hungary In January 2013
- 2 Jan 2013 8:02 AM
- current affairs
Coordination talks are under way with the International Monetary Fund and an IMF delegation is scheduled to visit Hungary between January 14 and 26 next year when official talks could be started, Hungary’s chief negotiator Minister Mihály Varga said on Tuesday.
Hungary's Forint Dives On Monday
- 18 Dec 2012 8:02 AM
- business
The forint exchange rate has broken out of the range Ft 280-285 per euro where it has been trading in recent months, weakening to Ft 288 yesterday. Rumours were that the central bank will not accept bids for its two week deposit facility, although this was denied by the MNB, foreign currency trader Ákos Ruzsonyi of Commerzbank said. Investors hold a total of Ft 4 trillion in this deposit, of ...
CEE Property Markets: Stalled Recovery Or The Beginning of Another Recession?
- 18 Dec 2012 8:00 AM
- property
According to KPMG’s new publication CEE Property Lending Barometer 2012, banks appear to be even less sanguine about a recovery of the real estate market. To assess the prospects for bank financing in the CEE real estate sector, KPMG surveyed 35 of the region’s leading banks. Despite the gloom, real estate projects with a strong business case do receive finance. It’s a typical scene in the region.
Foreign Currency Debt Issuance May Not Be Necessary Next Year In Hungary
- 18 Dec 2012 8:00 AM
- business
According to Minister of National Economy György Matolcsy, Hungary may not need to issue foreign currency denominated government securities on international financial markets next year. That was one of the issues the Minister spoke about at the economic programme G7 of Hungary’s public service broadcaster Kossuth Radio on Saturday.
Hungarian Debtors Shy From Fixed-Rate Repayment
- 30 Nov 2012 8:00 AM
- property
The number of foreign-currency mortgage debtors joining the fixed-rate repayment scheme was 15,552 in October, the financial supervisory Pszáf has announced. The scheme allows debtors to temporarily fix loan repayments at a rate of Ft 180 to the Swiss franc, or Ft 250 to the euro, while the difference between the actual and fixed exchange rates would accumulate in an accrual account to be repaid ...
Xpat Opinion: Guessing Hungary's PM Orbán’s Strategy In Negotiations With The EU
- 28 Nov 2012 8:00 AM
- current affairs
The leading pro-government daily welcomes the failure of the EU summit as a sign of democracy and good news for Hungary, while its left-wing counterpart accuses PM Orbán of selfishness. An influential economist says that although the EU’s growth forecasts are biased against Hungary, the government has to make efforts to convince Brussels anyway. An independent centrist outlet suspects that once ...