617 result(s) for forint rate
Hungary’s Central Bank Keeps Base Rate On Hold At 1.35%, As Expected
- 26 Aug 2015 9:00 AM
- business
Hungarian rate-setters on Tuesday kept the central bank’s key rate on hold at 1.35%, as expected. The decision was widely expected, after the rate-setters clearly signalled an end to an easing cycle at the previous monthly policy meeting. Central bank governor György Matolcsy said at the time that the earlier series of 15 basis point cuts carried out for five consecutive months would soon come to ...
Hungary Births On The Rise
- 13 Aug 2015 10:00 AM
- current affairs
The number of live births in Hungary has been on the up for the past two years, a human resources ministry state secretary said. Citing statistical data, Katalin Novák said the fertility rate was at a 20-year high as a result of the government’s policies aimed at encouraging couples to have children.
Real Estate Market On The Rise In Budapest
- 6 Aug 2015 11:45 AM
- property
The growing popularity of online vacation rentals has driven up demand for flats in central Budapest. Home sales in the centre of the capital have risen 40% in just a year, according to real-estate agent Otthon Centrum. Demand is highest for 40-60sqm flats in need of renovation. Interest is strong for flats in the 7th district, where local ruin pubs draw young travellers, as well as in the ...
Xpat Opinion: Base Interest Rate In Hungary Cut To Historic Low
- 24 Jul 2015 9:00 AM
- business
As the National Bank concludes its easing cycle by cutting the base interest rate to 1.35 per cent, a conservative columnist contends that the MNB has helped economic growth significantly, and, despite leftist fears, the Forint has not been weakened by the rapid sequence of rate cuts.
National Bank Of Hungary’s Cuts Base Rate 15BP
- 22 Jul 2015 9:00 AM
- business
The National Bank of Hungary’s Monetary Council decided at a policy meeting on Tuesday to lower the central bank’s key rate by 15 basis points to 1.35%, maintaining the pace of its easing cycle. The rate-setters made a 15 basis point cut for the fifth month in a row.
Tourism Sector In Hungary Still On The Rise
- 13 Jul 2015 9:00 AM
- travel
The number of guest nights spent in Hungarian hotels and guesthouses went up by an annual 3.8% to 2,247,000 in May, the Central Statistical Office (KSH) said. Tourism has proven successful as one of the driving forces of the national economy: between 1 January and 31 May, 3.4 million tourists spent a total of 7.9 million guest nights at commercial accommodation establishments.
Grexit Would Hurt Hungarian Forint In Short Term
- 29 Jun 2015 9:00 AM
- business
The forint and Poland’s zloty would be the Eastern European currencies most affected by a Greek exit from the euro, as these countries’ bond markers have highest percentage of foreign investors, according to analyst András Balatoni of ING bank. These currencies will weaken for a short period as foreigners sell their forint and zloty denominated bonds, he added.
New Evidence Shows Hungarian Paks Nuclear Plant Poses Serious Risk
- 23 Jun 2015 9:00 AM
- current affairs
The Paks nuclear upgrade is financially risky and a project which threatens to destabilise the electricity network and cause serious environmental problems, Benedek Jávor, an MEP of the opposition Dialogue for Hungary (PM) party, said, commenting on new documents he had obtained concerning the upgrade. Citing a copy of an internal analysis by the Hungarian Electricity Works (MVM) and other ...
OECD Sees Strong But Slowing Hungarian Economic Growth
- 4 Jun 2015 9:00 AM
- business
The OECD has upgraded its forecasts for Hungarian economic growth for this year to 3% from 2.1%, and to 2.2% from 1.7% for 2016. The Organisation for Economic Co-operation and Development said in its Economic Outlook that exports were expected to grow by 5.7% both this year and in 2016 and the current account surplus of 4.8% this year was likely to rise to 5.1%. Unemployment is expected to ...
Hungary’s Central Bank Keeps Base Rate On Hold At 1.35%, As Expected
- 26 Aug 2015 9:00 AM
- business
Hungarian rate-setters on Tuesday kept the central bank’s key rate on hold at 1.35%, as expected. The decision was widely expected, after the rate-setters clearly signalled an end to an easing cycle at the previous monthly policy meeting. Central bank governor György Matolcsy said at the time that the earlier series of 15 basis point cuts carried out for five consecutive months would soon come to ...
Hungary Births On The Rise
- 13 Aug 2015 10:00 AM
- current affairs
The number of live births in Hungary has been on the up for the past two years, a human resources ministry state secretary said. Citing statistical data, Katalin Novák said the fertility rate was at a 20-year high as a result of the government’s policies aimed at encouraging couples to have children.
Real Estate Market On The Rise In Budapest
- 6 Aug 2015 11:45 AM
- property
The growing popularity of online vacation rentals has driven up demand for flats in central Budapest. Home sales in the centre of the capital have risen 40% in just a year, according to real-estate agent Otthon Centrum. Demand is highest for 40-60sqm flats in need of renovation. Interest is strong for flats in the 7th district, where local ruin pubs draw young travellers, as well as in the ...
Xpat Opinion: Base Interest Rate In Hungary Cut To Historic Low
- 24 Jul 2015 9:00 AM
- business
As the National Bank concludes its easing cycle by cutting the base interest rate to 1.35 per cent, a conservative columnist contends that the MNB has helped economic growth significantly, and, despite leftist fears, the Forint has not been weakened by the rapid sequence of rate cuts.
National Bank Of Hungary’s Cuts Base Rate 15BP
- 22 Jul 2015 9:00 AM
- business
The National Bank of Hungary’s Monetary Council decided at a policy meeting on Tuesday to lower the central bank’s key rate by 15 basis points to 1.35%, maintaining the pace of its easing cycle. The rate-setters made a 15 basis point cut for the fifth month in a row.
Tourism Sector In Hungary Still On The Rise
- 13 Jul 2015 9:00 AM
- travel
The number of guest nights spent in Hungarian hotels and guesthouses went up by an annual 3.8% to 2,247,000 in May, the Central Statistical Office (KSH) said. Tourism has proven successful as one of the driving forces of the national economy: between 1 January and 31 May, 3.4 million tourists spent a total of 7.9 million guest nights at commercial accommodation establishments.
Grexit Would Hurt Hungarian Forint In Short Term
- 29 Jun 2015 9:00 AM
- business
The forint and Poland’s zloty would be the Eastern European currencies most affected by a Greek exit from the euro, as these countries’ bond markers have highest percentage of foreign investors, according to analyst András Balatoni of ING bank. These currencies will weaken for a short period as foreigners sell their forint and zloty denominated bonds, he added.
New Evidence Shows Hungarian Paks Nuclear Plant Poses Serious Risk
- 23 Jun 2015 9:00 AM
- current affairs
The Paks nuclear upgrade is financially risky and a project which threatens to destabilise the electricity network and cause serious environmental problems, Benedek Jávor, an MEP of the opposition Dialogue for Hungary (PM) party, said, commenting on new documents he had obtained concerning the upgrade. Citing a copy of an internal analysis by the Hungarian Electricity Works (MVM) and other ...
OECD Sees Strong But Slowing Hungarian Economic Growth
- 4 Jun 2015 9:00 AM
- business
The OECD has upgraded its forecasts for Hungarian economic growth for this year to 3% from 2.1%, and to 2.2% from 1.7% for 2016. The Organisation for Economic Co-operation and Development said in its Economic Outlook that exports were expected to grow by 5.7% both this year and in 2016 and the current account surplus of 4.8% this year was likely to rise to 5.1%. Unemployment is expected to ...