77 result(s) for forint record low
Hungarians Hoard Cash To Avoid Taxes
- 6 Mar 2014 8:00 AM
- business
Hungarians kept a record amount of cash at the end of last year, which analysts say is likely to be linked to the avoidance of the bank transaction fee and other types of tax, business daily Világgazdaság said. According to preliminary data from the central bank of Hungary, cash holdings came to 2.6 trillion forints (EUR 8.4bn) at the end of 2013, up 11% on 2012.
Xpat Opinion: Hungarian Forint Hits Ten Months Record Low
- 27 Jan 2014 8:00 AM
- current affairs
A business weekly thinks that aside from the latest interest rate cut by the Hungarian National Bank, the Forint has lost ground over the past weeks because investors have grown increasingly cautious about emerging markets.Világgazdaság notes that the exchange rates of the Hungarian national currency have reached a ten month low, after declining steadily over the past week.
Hungary’s Forint Down Again
- 24 Jan 2014 8:00 AM
- business
The forint was trading at 305.22 to the euro late Thursday, down from 302.55 late Wednesday. After a lull on Wednesday, the Hungarian currency led a decline in central European assets on Thursday as concern over weaker activity in China, a fall of Turkey’s lira to record lows against the dollar, and continuing upheaval in the Ukraine triggered some re-weighting to the detriment of emerging market ...
Hungarian Banks’ Ten - Month Pre -Tax Profit Up At HUF 86bn
- 10 Jan 2014 8:00 AM
- business
Banks in Hungary had combined pretax profit of 86 billion forints by the end of October, the National Bank of Hungary (NBH) said. Pre-tax profit rose significantly from 21 billion forints in the first ten month a year earlier, but was still historically low. A large part of the ten-month profit was generated by one single bank.
Xpat Opinion: Inflation Hits Record Low In Hungary
- 15 Nov 2013 8:00 AM
- business
As the inflation rate slows to a 39 year low, a left-wing commentator warns of the dangers of prices kept artificially low. A conservative columnist, on the other hand, believes that price stability and the increase in disposable incomes adds up to good news for the economy.
Xpat Opinion: More Signs Of A Recovering Economy In Hungary
- 20 Jun 2013 12:50 PM
- business
By Ferenc Kumin: Late last month, the European Commission announced that it would recommend that Hungary, after nine long years, exit the Excessive Deficit Procedure. The good news , as I wrote at the time, came on the heels of other encouraging reports of promising FDI and consumer skepticism data. Now, yet more hopeful signs that back Prime Minister Orbán’s cautious optimism about a slowly, but ...
Xpat Opinion: Hungary's Central Bank Rate Cuts Criticized
- 3 Jun 2013 9:00 AM
- business
A liberal economist acknowledges that his fears about the impact of lowering the base rate have been proven unfounded. But he accuses National Bank chief György Matolcsy, nonetheless, of irresponsible management.
Hungary’s Economic Performance Is Acknowledged: Excessive Deficit Procedure Lifted
- 29 May 2013 2:00 AM
- business
The European Commission has announced its proposal to abrogate the excessive deficit procedure against Hungary. On 30 May 2012, based on the 2012 convergence programme and further specification of savings measures, the Commission concluded that Hungary has taken effective action regarding the correction of the excessive deficit. Despite Commission forecasts well in excess of 3%, the actual ...
Xpat Opinion: Matolcsy’s First Rate Cut In Hungary
- 29 Mar 2013 8:00 AM
- business
Commentators across the political spectrum discuss the National Bank’s decision to go ahead with regular interest rate cuts and comment on the move of former National Bank President András Simor to the ERBD as a Vice-President.
Hungarians Hoard Cash To Avoid Taxes
- 6 Mar 2014 8:00 AM
- business
Hungarians kept a record amount of cash at the end of last year, which analysts say is likely to be linked to the avoidance of the bank transaction fee and other types of tax, business daily Világgazdaság said. According to preliminary data from the central bank of Hungary, cash holdings came to 2.6 trillion forints (EUR 8.4bn) at the end of 2013, up 11% on 2012.
Xpat Opinion: Hungarian Forint Hits Ten Months Record Low
- 27 Jan 2014 8:00 AM
- current affairs
A business weekly thinks that aside from the latest interest rate cut by the Hungarian National Bank, the Forint has lost ground over the past weeks because investors have grown increasingly cautious about emerging markets.Világgazdaság notes that the exchange rates of the Hungarian national currency have reached a ten month low, after declining steadily over the past week.
Hungary’s Forint Down Again
- 24 Jan 2014 8:00 AM
- business
The forint was trading at 305.22 to the euro late Thursday, down from 302.55 late Wednesday. After a lull on Wednesday, the Hungarian currency led a decline in central European assets on Thursday as concern over weaker activity in China, a fall of Turkey’s lira to record lows against the dollar, and continuing upheaval in the Ukraine triggered some re-weighting to the detriment of emerging market ...
Hungarian Banks’ Ten - Month Pre -Tax Profit Up At HUF 86bn
- 10 Jan 2014 8:00 AM
- business
Banks in Hungary had combined pretax profit of 86 billion forints by the end of October, the National Bank of Hungary (NBH) said. Pre-tax profit rose significantly from 21 billion forints in the first ten month a year earlier, but was still historically low. A large part of the ten-month profit was generated by one single bank.
Xpat Opinion: Inflation Hits Record Low In Hungary
- 15 Nov 2013 8:00 AM
- business
As the inflation rate slows to a 39 year low, a left-wing commentator warns of the dangers of prices kept artificially low. A conservative columnist, on the other hand, believes that price stability and the increase in disposable incomes adds up to good news for the economy.
Xpat Opinion: More Signs Of A Recovering Economy In Hungary
- 20 Jun 2013 12:50 PM
- business
By Ferenc Kumin: Late last month, the European Commission announced that it would recommend that Hungary, after nine long years, exit the Excessive Deficit Procedure. The good news , as I wrote at the time, came on the heels of other encouraging reports of promising FDI and consumer skepticism data. Now, yet more hopeful signs that back Prime Minister Orbán’s cautious optimism about a slowly, but ...
Xpat Opinion: Hungary's Central Bank Rate Cuts Criticized
- 3 Jun 2013 9:00 AM
- business
A liberal economist acknowledges that his fears about the impact of lowering the base rate have been proven unfounded. But he accuses National Bank chief György Matolcsy, nonetheless, of irresponsible management.
Hungary’s Economic Performance Is Acknowledged: Excessive Deficit Procedure Lifted
- 29 May 2013 2:00 AM
- business
The European Commission has announced its proposal to abrogate the excessive deficit procedure against Hungary. On 30 May 2012, based on the 2012 convergence programme and further specification of savings measures, the Commission concluded that Hungary has taken effective action regarding the correction of the excessive deficit. Despite Commission forecasts well in excess of 3%, the actual ...
Xpat Opinion: Matolcsy’s First Rate Cut In Hungary
- 29 Mar 2013 8:00 AM
- business
Commentators across the political spectrum discuss the National Bank’s decision to go ahead with regular interest rate cuts and comment on the move of former National Bank President András Simor to the ERBD as a Vice-President.