66 result(s) for forint weakened
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.
Xpat Opinion: More Controversy Over The National Bank Chief In Hungary
- 8 Feb 2013 8:00 AM
- current affairs
A left-wing columnist suggests that the National Bank will surrender its independence after the appointment of its new president next month. A conservative pundit doubts that the National Bank has much room to stimulate growth through monetary policy as hoped for by the government.
Xpat Opinion: Hungary's Forint Comes Under Pressure
- 18 Jan 2013 8:00 AM
- business
As the Forint weakens against the Euro, pundits wonder why international speculators are selling the Hungarian currency, and whether its slump is the result of the uncertainty related to the imminent choice of a new National Bank president, and of a possible quantitative easing program.
Hungary's Socialists Against Matolcsy At National Bank
- 14 Jan 2013 8:00 AM
- current affairs
The Socialist Party is urging Prime Minister Viktor Orbán to make a responsible decision and nominate an independent person recognised by the banking community rather than Economy Minister György Matolcsy for the post of central bank governor.
Hungary Central Bank Vote Delay Will Help IMF Talks, Varga Says
- 8 Jun 2012 9:00 AM
- business
Hungary’s delay of a vote on amendments to a disputed central bank law will help resolve differences blocking talks with the International Monetary Fund, said Mihaly Varga, the country’s chief negotiator.
‘State Of The Nation’ Speech By Hungary's Prime Minister Viktor Orbán
- 9 Feb 2012 8:03 AM
- current affairs
"On 7 February 2012 Viktor Orbán gave his traditional ‘state of the nation’ speech, focusing on the past year. This was the fourteenth such occasion. At the beginning of his speech Mr. Orbán thanked all those who have stood by the country in spite of the criticism directed at it and its government. This was a reference to the four hundred thousand people who took part in the ‘Peace March for ...
Hungary Downgraded By Moody’s
- 8 Dec 2010 2:00 AM
- current affairs
Hungary’s sovereign credit rating on Monday was reduced to Baa3 from Baa1 by Moody’s Investors Service, according to Bloomberg. Baa3 is the lowest investment grade, and one step away from speculative, or “junk” category. The Hungarian Forint weakened after the announcement.
Hungary Does Not Aim To Get IMF Loan - Misunderstanding?
- 26 Aug 2010 2:00 AM
- business
"The negotiations with the IMF this autumn, mentioned in the recent announcement of the Ministry of Economy, are only the regular economy policy consultations the multilateral institution holds with all member states, the latest press release of the Hungarian Ministry of Economy emphasized. It is difficult to interpret the events of the past 20 hours.
Hungary Forint Starts Off On Weaker Footing Over Mood Decay
- 14 May 2010 4:00 AM
- business
"Global investor sentiment has deteriorated somewhat since late Thursday, which nudged Hungary’s forint away from its over-one-week high versus the euro. The US dollar remains extremely strong to the EUR and is currently around its 12-m high. A number of key US macro data are in the pipeline for today that could have a marked impact on investor sentiment.
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.
Xpat Opinion: More Controversy Over The National Bank Chief In Hungary
- 8 Feb 2013 8:00 AM
- current affairs
A left-wing columnist suggests that the National Bank will surrender its independence after the appointment of its new president next month. A conservative pundit doubts that the National Bank has much room to stimulate growth through monetary policy as hoped for by the government.
Xpat Opinion: Hungary's Forint Comes Under Pressure
- 18 Jan 2013 8:00 AM
- business
As the Forint weakens against the Euro, pundits wonder why international speculators are selling the Hungarian currency, and whether its slump is the result of the uncertainty related to the imminent choice of a new National Bank president, and of a possible quantitative easing program.
Hungary's Socialists Against Matolcsy At National Bank
- 14 Jan 2013 8:00 AM
- current affairs
The Socialist Party is urging Prime Minister Viktor Orbán to make a responsible decision and nominate an independent person recognised by the banking community rather than Economy Minister György Matolcsy for the post of central bank governor.
Hungary Central Bank Vote Delay Will Help IMF Talks, Varga Says
- 8 Jun 2012 9:00 AM
- business
Hungary’s delay of a vote on amendments to a disputed central bank law will help resolve differences blocking talks with the International Monetary Fund, said Mihaly Varga, the country’s chief negotiator.
‘State Of The Nation’ Speech By Hungary's Prime Minister Viktor Orbán
- 9 Feb 2012 8:03 AM
- current affairs
"On 7 February 2012 Viktor Orbán gave his traditional ‘state of the nation’ speech, focusing on the past year. This was the fourteenth such occasion. At the beginning of his speech Mr. Orbán thanked all those who have stood by the country in spite of the criticism directed at it and its government. This was a reference to the four hundred thousand people who took part in the ‘Peace March for ...
Hungary Downgraded By Moody’s
- 8 Dec 2010 2:00 AM
- current affairs
Hungary’s sovereign credit rating on Monday was reduced to Baa3 from Baa1 by Moody’s Investors Service, according to Bloomberg. Baa3 is the lowest investment grade, and one step away from speculative, or “junk” category. The Hungarian Forint weakened after the announcement.
Hungary Does Not Aim To Get IMF Loan - Misunderstanding?
- 26 Aug 2010 2:00 AM
- business
"The negotiations with the IMF this autumn, mentioned in the recent announcement of the Ministry of Economy, are only the regular economy policy consultations the multilateral institution holds with all member states, the latest press release of the Hungarian Ministry of Economy emphasized. It is difficult to interpret the events of the past 20 hours.
Hungary Forint Starts Off On Weaker Footing Over Mood Decay
- 14 May 2010 4:00 AM
- business
"Global investor sentiment has deteriorated somewhat since late Thursday, which nudged Hungary’s forint away from its over-one-week high versus the euro. The US dollar remains extremely strong to the EUR and is currently around its 12-m high. A number of key US macro data are in the pipeline for today that could have a marked impact on investor sentiment.