8 result(s) for currency trader in Business
MNB Cracks Down On Online Traders
- 25 Mar 2016 8:00 AM
- business
The MNB has issued fines of Ft 500 million to Different Choice FBC and Ft 200 million to Forex Club for engaging in online investment services without a license.
Hungary’s MNB Bans Forex Company
- 13 Jan 2016 8:00 AM
- business
Pro Trade FX, a foreign-currency trader registered in the British Virgin Islands, has been banned from conducting unlicensed investment services and activities and acting as an agent in Hungary, effective immediately, the MNB has announced.
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.
Hungarian Forint Continues To Weaken
- 6 Jan 2015 8:00 AM
- business
The forint weakened further on Monday, hitting Ft 320.83 per euro in the morning but returning to 318.25 in the afternoon. The daily low is only 1% off the all-time low against the euro of Ft 324.2. The forint sank to its lowest level against the dollar in 10 years at one point, trading at Ft 266.56.
Hungary’s Forint Stronger On Interbank Market
- 7 Feb 2014 8:00 AM
- business
The forint traded at 306.86 to the euro late Thursday, up from 309.44 late Wednesday. At the start of the week the Hungarian currency reached an almost 25-month low at 314.33.
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 ...
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.
Hungarian Forint Headed Towards 260 In Relentless Surge
- 18 Mar 2010 3:00 AM
- business
"The spectacular ascent of the Hungarian forint held out all day long on Wednesday, hitting a 15-month peak vs. the euro in the early afternoon CET. The currency was buoyed up by widespread optimism in global markets, with US stock indices close to their highest in 18 months. Elsewhere in the CEE region, the Czech koruna was at its best vs. the euro in 4 months. The forint’s performance vs. the ...
MNB Cracks Down On Online Traders
- 25 Mar 2016 8:00 AM
- business
The MNB has issued fines of Ft 500 million to Different Choice FBC and Ft 200 million to Forex Club for engaging in online investment services without a license.
Hungary’s MNB Bans Forex Company
- 13 Jan 2016 8:00 AM
- business
Pro Trade FX, a foreign-currency trader registered in the British Virgin Islands, has been banned from conducting unlicensed investment services and activities and acting as an agent in Hungary, effective immediately, the MNB has announced.
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.
Hungarian Forint Continues To Weaken
- 6 Jan 2015 8:00 AM
- business
The forint weakened further on Monday, hitting Ft 320.83 per euro in the morning but returning to 318.25 in the afternoon. The daily low is only 1% off the all-time low against the euro of Ft 324.2. The forint sank to its lowest level against the dollar in 10 years at one point, trading at Ft 266.56.
Hungary’s Forint Stronger On Interbank Market
- 7 Feb 2014 8:00 AM
- business
The forint traded at 306.86 to the euro late Thursday, up from 309.44 late Wednesday. At the start of the week the Hungarian currency reached an almost 25-month low at 314.33.
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 ...
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.
Hungarian Forint Headed Towards 260 In Relentless Surge
- 18 Mar 2010 3:00 AM
- business
"The spectacular ascent of the Hungarian forint held out all day long on Wednesday, hitting a 15-month peak vs. the euro in the early afternoon CET. The currency was buoyed up by widespread optimism in global markets, with US stock indices close to their highest in 18 months. Elsewhere in the CEE region, the Czech koruna was at its best vs. the euro in 4 months. The forint’s performance vs. the ...