69 result(s) for forint weakened
Forint Strengthens To Two Year Peak
- 24 Aug 2017 10:40 AM
- business
The forint strengthened to nearly Ft 302 per euro on Wednesday afternoon, hitting a two-year peak, Portfolio underlined. The performance of the forint is outstanding, because its regional peer the Polish zloty weakened 0.3% against the euro and the Czech crown also lost 0.1% against the European currency on Wednesday.
Comments On Olympic Referendum Initiative
- 20 Feb 2017 6:00 AM
- current affairs
Zsolt Borkai, head of the Hungarian Olympic Committee (MOB), said that the opposition parties had weakened the capital’s chances of staging the 2024 Games. It is now up to the municipal council to decide whether Budapest intends to stay in the running to host the event, he said.
Official: Brexit To Have Minimal Impact On Hungarian Economy
- 30 Jun 2016 9:00 AM
- current affairs
The impact of the United Kingdomʼs departure from the European Union could be minimal as the countryʼs fundamentals are stable, National Economy Ministry State Secretary Péter Benő Banai said on state-owned Kossuth radio.
Analysts : Brexit Could Slightly Slow Down Hungary’s Economic Growth
- 25 Jun 2016 9:00 AM
- business
The British vote to leave the European Union could slightly slow down economic growth in Hungary, analysts told MTI in reaction to Brexit. Takarékbank analyst Gergely Suppan said that a reduction in EU funding should not be expected for the time being because it is fixed by contract and Britain’s payment obligations will be maintained until its exit is completed, possibly even until the end of ...
NBH Deputy Governor: Bank To Continue Easing Cycle
- 24 Mar 2016 8:00 AM
- business
Hungary’s central bank (NBH) will cut the base rate until it reaches a rate that is consistent with its inflation target, NBH deputy governor Márton Nagy told journalists. The bank wants to keep rate the key rate low for a sustained period, he said. The NBH’s inflation target is 3% in a +/-1 percentage-point tolerance band.
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.
Hungarian Forint Firms To Euro On Greek Debt Deal
- 13 Jul 2015 12:00 PM
- business
The forint traded at 310.30 to the euro around 10 in the morning on Monday, firming from 311.58 late Friday on news of a deal reached between Greece and its creditors after negotiations that lasted through the night. The Hungarian unit weakened to 279.74 from 278.78 against the dollar, but strengthened to 295.68 from 296.56 against the Swiss franc.
Hungarian Forint Plunges Against Swiss Franc
- 15 Jan 2015 5:04 AM
- business
The forint plunged against the Swiss franc on Thursday morning after the Swiss National Bank said it was discontinuing its minimum exchange rate of 1.20 francs to the euro. The forint traded at 310.34 to the Swiss franc around 11 in the morning from 265.51 about an hour earlier.
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.
Forint Strengthens To Two Year Peak
- 24 Aug 2017 10:40 AM
- business
The forint strengthened to nearly Ft 302 per euro on Wednesday afternoon, hitting a two-year peak, Portfolio underlined. The performance of the forint is outstanding, because its regional peer the Polish zloty weakened 0.3% against the euro and the Czech crown also lost 0.1% against the European currency on Wednesday.
Comments On Olympic Referendum Initiative
- 20 Feb 2017 6:00 AM
- current affairs
Zsolt Borkai, head of the Hungarian Olympic Committee (MOB), said that the opposition parties had weakened the capital’s chances of staging the 2024 Games. It is now up to the municipal council to decide whether Budapest intends to stay in the running to host the event, he said.
Official: Brexit To Have Minimal Impact On Hungarian Economy
- 30 Jun 2016 9:00 AM
- current affairs
The impact of the United Kingdomʼs departure from the European Union could be minimal as the countryʼs fundamentals are stable, National Economy Ministry State Secretary Péter Benő Banai said on state-owned Kossuth radio.
Analysts : Brexit Could Slightly Slow Down Hungary’s Economic Growth
- 25 Jun 2016 9:00 AM
- business
The British vote to leave the European Union could slightly slow down economic growth in Hungary, analysts told MTI in reaction to Brexit. Takarékbank analyst Gergely Suppan said that a reduction in EU funding should not be expected for the time being because it is fixed by contract and Britain’s payment obligations will be maintained until its exit is completed, possibly even until the end of ...
NBH Deputy Governor: Bank To Continue Easing Cycle
- 24 Mar 2016 8:00 AM
- business
Hungary’s central bank (NBH) will cut the base rate until it reaches a rate that is consistent with its inflation target, NBH deputy governor Márton Nagy told journalists. The bank wants to keep rate the key rate low for a sustained period, he said. The NBH’s inflation target is 3% in a +/-1 percentage-point tolerance band.
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.
Hungarian Forint Firms To Euro On Greek Debt Deal
- 13 Jul 2015 12:00 PM
- business
The forint traded at 310.30 to the euro around 10 in the morning on Monday, firming from 311.58 late Friday on news of a deal reached between Greece and its creditors after negotiations that lasted through the night. The Hungarian unit weakened to 279.74 from 278.78 against the dollar, but strengthened to 295.68 from 296.56 against the Swiss franc.
Hungarian Forint Plunges Against Swiss Franc
- 15 Jan 2015 5:04 AM
- business
The forint plunged against the Swiss franc on Thursday morning after the Swiss National Bank said it was discontinuing its minimum exchange rate of 1.20 francs to the euro. The forint traded at 310.34 to the Swiss franc around 11 in the morning from 265.51 about an hour earlier.
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.