62 result(s) for key rate in Business
That's All For Now Folks! Market Expects Halt In Rate Cuts In Hungary
- 27 May 2010 2:00 AM
- business
"The National Bank of Hungary (NBH) will end its rate cut cycle next Monday, analysts’ consensus forecast showed in a Portfolio.hu poll on Wednesday. Their key argument is the palpable deterioration of the global investment environment, but several analysts also pointed to growing uncertainties about the incoming government’s economic policy.
Fitch Sees Crisis Delaying Eastern European Euro Adoption
- 7 May 2010 5:00 AM
- business
"The global financial crisis has caused a further setback to euro adoption timetables in most EU member states in central and eastern Europe (CEE), owing to a marked widening of budget deficits and higher sovereign bond spreads, Fitch Ratings has said in a new report on Thursday. The exception, in the rating agency’s view, is Estonia, which Fitch expects to join the euro area in January 2011.
Hungary's Forint Drops Sharply Over Greece, Fidesz Flaying C.Bank Chief
- 28 Apr 2010 3:00 AM
- business
"First day after the overwhelming election victory of Hungary’s centre-right Fidesz party, Prime Minister candidate Viktor Orbán has already jumped down the throat of the financial markets regulator (PSZÁF) and the National Bank of Hungary (NBH), especially harshly criticising central bank Governor András Simor. Analysts do not seem to be happy.
The Sky Is Blue, The Grass Is Green And Hungary's C.Bank Cuts Rates 25 bps
- 30 Mar 2010 3:00 AM
- business
"The National Bank of Hungary (NBH) has on Monday reduced its key policy rate by 25 basis points to 5.50%, as expected. The base rate has not been this low since the change of regime. The Monetary Council has cut the benchmark rate for the ninth consecutive month and by 25 bps for the third time in a row.
Hungary Euro Adoption Further In The Distance
- 26 Mar 2010 2:00 AM
- business
"The market has raised its deficit forecast for 2010 for the sixth month in a row, a Reuters poll conducted between March 22 and 25 and published on Thursday showed. According to the consensus forecast of analysts, the central bank (NBH) will continue its rate cut cycle next Monday, with only three of the 27 respondents projecting unchanged rates.
JPmorgan Sees Hungary's Forint At 250 vs EUR By End-2011
- 22 Mar 2010 1:00 AM
- business
"Hungary’s forint could firm to 250 versus the euro by the end of 2011, and the country is likely to be the first in the region to join the euro zone, JPMorgan projected in its latest quarterly research note on Friday. While JPMorgan’s analysts expect the Hungarian economy to grow by 0.5% this year, UBS is less upbeat, forecasting a 0.5% GDP contraction.
Hungarian Forint Headed Towards 260 In Relentless Surge
- 18 Mar 2010 3:00 AM
- business
"The spectacular ascent of the Hungarian forint held out all day long on Wednesday, hitting a 15-month peak vs. the euro in the early afternoon CET. The currency was buoyed up by widespread optimism in global markets, with US stock indices close to their highest in 18 months. Elsewhere in the CEE region, the Czech koruna was at its best vs. the euro in 4 months. The forint’s performance vs. the ...
Hungary Needs "Fiscal Dictatorship" - Járai
- 11 Mar 2010 1:00 AM
- business
"Hungary would still be on the verge of sovereign default if it was not for the IMF credit, said Zsigmond Járai, former Governor of the central bank (NBH). He also told a conference in Budapest on Tuesday that the c.bank pursued a wrong monetary policy and that it should have lowered interest rates drastically. He noted that Hungary would need to rewrite its Convergence Programme as quickly as ...
That's All For Now Folks! Market Expects Halt In Rate Cuts In Hungary
- 27 May 2010 2:00 AM
- business
"The National Bank of Hungary (NBH) will end its rate cut cycle next Monday, analysts’ consensus forecast showed in a Portfolio.hu poll on Wednesday. Their key argument is the palpable deterioration of the global investment environment, but several analysts also pointed to growing uncertainties about the incoming government’s economic policy.
Fitch Sees Crisis Delaying Eastern European Euro Adoption
- 7 May 2010 5:00 AM
- business
"The global financial crisis has caused a further setback to euro adoption timetables in most EU member states in central and eastern Europe (CEE), owing to a marked widening of budget deficits and higher sovereign bond spreads, Fitch Ratings has said in a new report on Thursday. The exception, in the rating agency’s view, is Estonia, which Fitch expects to join the euro area in January 2011.
Hungary's Forint Drops Sharply Over Greece, Fidesz Flaying C.Bank Chief
- 28 Apr 2010 3:00 AM
- business
"First day after the overwhelming election victory of Hungary’s centre-right Fidesz party, Prime Minister candidate Viktor Orbán has already jumped down the throat of the financial markets regulator (PSZÁF) and the National Bank of Hungary (NBH), especially harshly criticising central bank Governor András Simor. Analysts do not seem to be happy.
The Sky Is Blue, The Grass Is Green And Hungary's C.Bank Cuts Rates 25 bps
- 30 Mar 2010 3:00 AM
- business
"The National Bank of Hungary (NBH) has on Monday reduced its key policy rate by 25 basis points to 5.50%, as expected. The base rate has not been this low since the change of regime. The Monetary Council has cut the benchmark rate for the ninth consecutive month and by 25 bps for the third time in a row.
Hungary Euro Adoption Further In The Distance
- 26 Mar 2010 2:00 AM
- business
"The market has raised its deficit forecast for 2010 for the sixth month in a row, a Reuters poll conducted between March 22 and 25 and published on Thursday showed. According to the consensus forecast of analysts, the central bank (NBH) will continue its rate cut cycle next Monday, with only three of the 27 respondents projecting unchanged rates.
JPmorgan Sees Hungary's Forint At 250 vs EUR By End-2011
- 22 Mar 2010 1:00 AM
- business
"Hungary’s forint could firm to 250 versus the euro by the end of 2011, and the country is likely to be the first in the region to join the euro zone, JPMorgan projected in its latest quarterly research note on Friday. While JPMorgan’s analysts expect the Hungarian economy to grow by 0.5% this year, UBS is less upbeat, forecasting a 0.5% GDP contraction.
Hungarian Forint Headed Towards 260 In Relentless Surge
- 18 Mar 2010 3:00 AM
- business
"The spectacular ascent of the Hungarian forint held out all day long on Wednesday, hitting a 15-month peak vs. the euro in the early afternoon CET. The currency was buoyed up by widespread optimism in global markets, with US stock indices close to their highest in 18 months. Elsewhere in the CEE region, the Czech koruna was at its best vs. the euro in 4 months. The forint’s performance vs. the ...
Hungary Needs "Fiscal Dictatorship" - Járai
- 11 Mar 2010 1:00 AM
- business
"Hungary would still be on the verge of sovereign default if it was not for the IMF credit, said Zsigmond Járai, former Governor of the central bank (NBH). He also told a conference in Budapest on Tuesday that the c.bank pursued a wrong monetary policy and that it should have lowered interest rates drastically. He noted that Hungary would need to rewrite its Convergence Programme as quickly as ...