264 result(s) for exchange rate
Matolcsy: Forint Weakening Not Related To Hungary Fundamentals
- 19 Dec 2014 8:00 AM
- business
There is no special Hungarian story behind the latest weakening of the forint, the central bank’s governor György Matolcsy said. The National Bank of Hungary has no exchange rate target and is not compelled to intervene to stop the currency’s weakening, he said, adding that bank’s international reserves provided a decent buffer.
National Bank Of Hungary: Monetary Transmission To Be Strengthened By FX Loan Conversion
- 19 Dec 2014 8:00 AM
- business
Monetary transmission will be strengthened by the conversion of retail foreign-exchange loans into forints as it will eliminate the exposure of Hungarian households to foreign currency as well as the related risks, the National Bank of Hungary (NBH) said in its quarterly Inflation Report.
ÁKK: Hungary To Borrow USD 25 Billion In 2015
- 19 Dec 2014 8:00 AM
- current affairs
At a joint press conference held on Thursday 18 December, by the Ministry for National Economics and the State Debt Management Company (ÁKK), Deputy CEO László András Borbély presented Hungary’s national debt management plans for 2015.
Hungarian Analysts’ Views Differ On Outlook For Forint Conversion Of FX Loans
- 11 Nov 2014 8:00 AM
- property
Analysts interviewed by MTI gave differing views on how successful the forint conversion of foreign currency loans could be. András Balatoni of ING Bank said borrowers would be happy to opt for the forint conversion to reduce their foreign currency exposure.
Hungary Repaid EUR 2bn To European Union
- 10 Nov 2014 8:00 AM
- business
An instalment of EUR 2bn, agreed upon in the loan agreement Hungary concluded with the European Commission in the autumn of 2008, was transferred at the end of October 2014 to the account of the European Union. Due to technical accounting issues, Hungary’s state debt is lower as of today.
168 Óra: A New Hungarian Left-Wing Is Needed
- 24 Oct 2014 9:00 AM
- current affairs
Hungarian liberal weekly news magazine 168 óra asked eight members of Hungary’s liberal establishment their reaction to the Fidesz-KDNP landslide victory in Sunday’s local and county elections. Their responses appear in the article “Új Baldoldal Kell!” (A new left-wing is needed!) appearing in the 16 October 2014 edition (pp. 12-15). Our unabridged translation of the article follows:
Varga Talks Up Stronger Hungarian Forint
- 7 Oct 2014 9:00 AM
- current affairs
The government would like the forint to be stronger at the end of the year than now, Economy Minister Mihály Varga said Friday morning in a radio interview. Analysts have said they expect the government to bolster the forint in order to reduce the state debt in relation to GDP ratio in the year-end statistics, Napi Gazdaság notes.
Hungarian Forint Firms To Two Month High To Euro
- 7 Oct 2014 9:00 AM
- business
The forint traded at two-month high of 308.92 to the euro shortly after 10am on Monday, firming from 309.81 late Friday. Economy Minister Mihály Varga talked up the forint on Friday, saying that Hungary’s exchange rate should be stronger in order to help push down the public debt.
Bank Tax In Hungary To Remain In Place Next Year
- 1 Oct 2014 9:00 AM
- business
Conversion from forex debt into forint loans, planned for the first quarter or first half of next year, will concern only residential and free-purpose forex household mortgage loans, while the special bank tax will remain intact next year, Gábor Orbán, state secretary at the economy ministry, told participants of a Reuters conference on CEE investments in Budapest.
Matolcsy: Forint Weakening Not Related To Hungary Fundamentals
- 19 Dec 2014 8:00 AM
- business
There is no special Hungarian story behind the latest weakening of the forint, the central bank’s governor György Matolcsy said. The National Bank of Hungary has no exchange rate target and is not compelled to intervene to stop the currency’s weakening, he said, adding that bank’s international reserves provided a decent buffer.
National Bank Of Hungary: Monetary Transmission To Be Strengthened By FX Loan Conversion
- 19 Dec 2014 8:00 AM
- business
Monetary transmission will be strengthened by the conversion of retail foreign-exchange loans into forints as it will eliminate the exposure of Hungarian households to foreign currency as well as the related risks, the National Bank of Hungary (NBH) said in its quarterly Inflation Report.
ÁKK: Hungary To Borrow USD 25 Billion In 2015
- 19 Dec 2014 8:00 AM
- current affairs
At a joint press conference held on Thursday 18 December, by the Ministry for National Economics and the State Debt Management Company (ÁKK), Deputy CEO László András Borbély presented Hungary’s national debt management plans for 2015.
Hungarian Analysts’ Views Differ On Outlook For Forint Conversion Of FX Loans
- 11 Nov 2014 8:00 AM
- property
Analysts interviewed by MTI gave differing views on how successful the forint conversion of foreign currency loans could be. András Balatoni of ING Bank said borrowers would be happy to opt for the forint conversion to reduce their foreign currency exposure.
Hungary Repaid EUR 2bn To European Union
- 10 Nov 2014 8:00 AM
- business
An instalment of EUR 2bn, agreed upon in the loan agreement Hungary concluded with the European Commission in the autumn of 2008, was transferred at the end of October 2014 to the account of the European Union. Due to technical accounting issues, Hungary’s state debt is lower as of today.
168 Óra: A New Hungarian Left-Wing Is Needed
- 24 Oct 2014 9:00 AM
- current affairs
Hungarian liberal weekly news magazine 168 óra asked eight members of Hungary’s liberal establishment their reaction to the Fidesz-KDNP landslide victory in Sunday’s local and county elections. Their responses appear in the article “Új Baldoldal Kell!” (A new left-wing is needed!) appearing in the 16 October 2014 edition (pp. 12-15). Our unabridged translation of the article follows:
Varga Talks Up Stronger Hungarian Forint
- 7 Oct 2014 9:00 AM
- current affairs
The government would like the forint to be stronger at the end of the year than now, Economy Minister Mihály Varga said Friday morning in a radio interview. Analysts have said they expect the government to bolster the forint in order to reduce the state debt in relation to GDP ratio in the year-end statistics, Napi Gazdaság notes.
Hungarian Forint Firms To Two Month High To Euro
- 7 Oct 2014 9:00 AM
- business
The forint traded at two-month high of 308.92 to the euro shortly after 10am on Monday, firming from 309.81 late Friday. Economy Minister Mihály Varga talked up the forint on Friday, saying that Hungary’s exchange rate should be stronger in order to help push down the public debt.
Bank Tax In Hungary To Remain In Place Next Year
- 1 Oct 2014 9:00 AM
- business
Conversion from forex debt into forint loans, planned for the first quarter or first half of next year, will concern only residential and free-purpose forex household mortgage loans, while the special bank tax will remain intact next year, Gábor Orbán, state secretary at the economy ministry, told participants of a Reuters conference on CEE investments in Budapest.