46 result(s) for developments in Finance
Central Bank in Hungary Leaves Base Rate Unchanged at 13%
- 29 Mar 2023 12:09 PM
- hungarymatters.hu
- finance
Hungarian central bank rate-setters left the base rate of 13% unchanged at a regular policy meeting.
Economic Growth Expected to Continue in Hungary
- 10 Mar 2023 8:43 AM
- hungarymatters.hu
- finance
The government expects economic growth to continue in the next twelve to eighteen months, exceeding 4% in 2024, while state debt and government budget deficit will fall, Finance Minister Mihály Varga said at an event of the Chamber of Commerce and Industry.
Base Rate Raised Again by Central Bank in Hungary - Extraordinary Measures Explained
- 27 Jul 2022 11:35 AM
- hungarymatters.hu
- finance
NBH rate-setters raised the base rate by 100 basis points to 10.75% this Tuesday. The Monetary Council had raised the base rate by 200 basis points to 9.75% just two weeks earlier, taking the extraordinary measure at a non-rate-setting meeting to keep the key rate in tandem with the one-week deposit rate.
Forint Strengthens After New Base Rate Hike Up to 9.75%
- 13 Jul 2022 10:52 AM
- hungarymatters.hu
- finance
The forint strengthened to around 410.30 to the euro shortly after the central bank raised the base rate by 200 basis points on Tuesday.
Budapest Assembly Votes to Take Out HUF 32 Billion Loan
- 30 Jun 2022 11:45 AM
- hungarymatters.hu
- finance
The Budapest Assembly on Wednesday voted to take out a 32 billion forint (EUR 80.1m) development loan.
80% of Inflation in Hungary Due to Global Factors, Says Minister of Economic Development
- 16 Jun 2022 6:38 AM
- hungarymatters.hu
- finance
Global factors such as rising energy and grain prices account for 80% of Hungarian inflation, Márton Nagy, the minister of economic development, said in a newspaper interview published on Wednesday.
Central Bank Raises Base Rate by 50 Basis Points in Hungary
- 1 Jun 2022 10:43 AM
- hungarymatters.hu
- finance
Hungarian rate-setters raised the central bank’s (NBH) base rate by 50 basis points to 5.90% at their regular policy meeting on Tuesday. The Monetary Council also expanded the two sides of the interest rate corridor by the same ratio.
Hungary’s Budget Deficit Lifted In July
- 10 Aug 2021 3:25 PM
- hungarymatters.hu
- finance
Hungary’s cash flow-based budget deficit, excluding local councils, reached 1,803.7 billion forints (EUR 5.09bn) at the end of July, widening on stimulus measures, the Finance Ministry said in a preliminary release of data on Monday.
Hungary Central Bank Raises Base Rate Again
- 28 Jul 2021 9:23 AM
- hungarymatters.hu
- finance
Hungarian rate-setters raised the central bank’s base rate by 30 basis points to 1.20% at a scheduled meeting on Tuesday, while they also changed the interest rate corridor.
Central Bank in Hungary Leaves Base Rate Unchanged at 13%
- 29 Mar 2023 12:09 PM
- hungarymatters.hu
- finance
Hungarian central bank rate-setters left the base rate of 13% unchanged at a regular policy meeting.
Economic Growth Expected to Continue in Hungary
- 10 Mar 2023 8:43 AM
- hungarymatters.hu
- finance
The government expects economic growth to continue in the next twelve to eighteen months, exceeding 4% in 2024, while state debt and government budget deficit will fall, Finance Minister Mihály Varga said at an event of the Chamber of Commerce and Industry.
Base Rate Raised Again by Central Bank in Hungary - Extraordinary Measures Explained
- 27 Jul 2022 11:35 AM
- hungarymatters.hu
- finance
NBH rate-setters raised the base rate by 100 basis points to 10.75% this Tuesday. The Monetary Council had raised the base rate by 200 basis points to 9.75% just two weeks earlier, taking the extraordinary measure at a non-rate-setting meeting to keep the key rate in tandem with the one-week deposit rate.
Forint Strengthens After New Base Rate Hike Up to 9.75%
- 13 Jul 2022 10:52 AM
- hungarymatters.hu
- finance
The forint strengthened to around 410.30 to the euro shortly after the central bank raised the base rate by 200 basis points on Tuesday.
Budapest Assembly Votes to Take Out HUF 32 Billion Loan
- 30 Jun 2022 11:45 AM
- hungarymatters.hu
- finance
The Budapest Assembly on Wednesday voted to take out a 32 billion forint (EUR 80.1m) development loan.
80% of Inflation in Hungary Due to Global Factors, Says Minister of Economic Development
- 16 Jun 2022 6:38 AM
- hungarymatters.hu
- finance
Global factors such as rising energy and grain prices account for 80% of Hungarian inflation, Márton Nagy, the minister of economic development, said in a newspaper interview published on Wednesday.
Central Bank Raises Base Rate by 50 Basis Points in Hungary
- 1 Jun 2022 10:43 AM
- hungarymatters.hu
- finance
Hungarian rate-setters raised the central bank’s (NBH) base rate by 50 basis points to 5.90% at their regular policy meeting on Tuesday. The Monetary Council also expanded the two sides of the interest rate corridor by the same ratio.
Hungary’s Budget Deficit Lifted In July
- 10 Aug 2021 3:25 PM
- hungarymatters.hu
- finance
Hungary’s cash flow-based budget deficit, excluding local councils, reached 1,803.7 billion forints (EUR 5.09bn) at the end of July, widening on stimulus measures, the Finance Ministry said in a preliminary release of data on Monday.
Hungary Central Bank Raises Base Rate Again
- 28 Jul 2021 9:23 AM
- hungarymatters.hu
- finance
Hungarian rate-setters raised the central bank’s base rate by 30 basis points to 1.20% at a scheduled meeting on Tuesday, while they also changed the interest rate corridor.