291 result(s) for mnb
Hungary's MNB Cuts Base Rate To New Record Low
- 28 May 2014 9:00 AM
- business
The MNB’s monetary council met analysts’ expectations yesterday by lowering the base rate from 2.5% to an all-time low of 2.4%. The rate cut was supported by the low inflation of around 0% and the strengthening forint, observed analyst Ákos Horváth of brokerage Equilor.
Hungary's State Debt Nears 85% Of GDP
- 20 May 2014 9:00 AM
- business
Hungary’s gross state debt rose to 84.6% of GDP at the end of March, up from 79% at the end of 2013, according to preliminary data from the MNB. Net loans added Ft 1.456 trillion to the total Ft 24.9 trillion of state debt in the first quarter, and capital losses added a further Ft 380 billion.
Hungary’s Central Bank Sues Board Member For Slander
- 24 Apr 2014 9:00 AM
- business
Hungary’s central bank is suing Péter Róna, a member of its supervisory board, for claiming the bank has been making gratuitous purchases of fine art. The National Bank of Hungary (MNB) has filed a criminal complaint against Róna for publicly alleging that some of the bank’s decisions had been unlawful.
Raiffeisen Ready To Take Hungary's Gov’t To Court
- 31 Mar 2014 9:00 AM
- current affairs
Raiffeisen and other banks are negotiating with the MNB, but is ready to go to court, if necessary, over the Ft 98 million fine levied by the supervisory for passing the costs of the bank tax on to customers.
No Slowdown In Hungary's MNB Rate Cut Drive
- 19 Feb 2014 8:00 AM
- business
The MNB’s monetary council surprised observers with a larger base rate cut than expected yesterday, lowering the figure from 2.85% to 2.7%, causing the forint to weaken from 308.3 per euro to 310.
Hungary's State Debt At 79% Of GDP In 2013
- 18 Feb 2014 8:00 AM
- business
The state debt stood at 79.0% of GDP at the end of 2013, reaching Ft 23.07 trillion, according to preliminary figures from the MNB. The state debt was at 79.8% of GDP in 2012.
Hungary's National Bank Investigates Default Rumour
- 6 Feb 2014 8:00 AM
- current affairs
The MNB has launched an investigation into the rumour spread on January 29 which falsely stated that Hungary was unable to meet its capital and interest payment duties that day.
Xpat Opinion: Hungary's Forint Under Pressure
- 3 Feb 2014 8:00 AM
- current affairs
A business analyst says critics have been too hasty to condemn the National Bank for not resorting to swift “verbal intervention” in response to the heavy losses the Forint has suffered over the past week. A pro-government columnist urges decision makers to consider joining the Eurozone, in order to shield Hungary from currency fluctuations.
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 MNB Cuts Base Rate To New Record Low
- 28 May 2014 9:00 AM
- business
The MNB’s monetary council met analysts’ expectations yesterday by lowering the base rate from 2.5% to an all-time low of 2.4%. The rate cut was supported by the low inflation of around 0% and the strengthening forint, observed analyst Ákos Horváth of brokerage Equilor.
Hungary's State Debt Nears 85% Of GDP
- 20 May 2014 9:00 AM
- business
Hungary’s gross state debt rose to 84.6% of GDP at the end of March, up from 79% at the end of 2013, according to preliminary data from the MNB. Net loans added Ft 1.456 trillion to the total Ft 24.9 trillion of state debt in the first quarter, and capital losses added a further Ft 380 billion.
Hungary’s Central Bank Sues Board Member For Slander
- 24 Apr 2014 9:00 AM
- business
Hungary’s central bank is suing Péter Róna, a member of its supervisory board, for claiming the bank has been making gratuitous purchases of fine art. The National Bank of Hungary (MNB) has filed a criminal complaint against Róna for publicly alleging that some of the bank’s decisions had been unlawful.
Raiffeisen Ready To Take Hungary's Gov’t To Court
- 31 Mar 2014 9:00 AM
- current affairs
Raiffeisen and other banks are negotiating with the MNB, but is ready to go to court, if necessary, over the Ft 98 million fine levied by the supervisory for passing the costs of the bank tax on to customers.
No Slowdown In Hungary's MNB Rate Cut Drive
- 19 Feb 2014 8:00 AM
- business
The MNB’s monetary council surprised observers with a larger base rate cut than expected yesterday, lowering the figure from 2.85% to 2.7%, causing the forint to weaken from 308.3 per euro to 310.
Hungary's State Debt At 79% Of GDP In 2013
- 18 Feb 2014 8:00 AM
- business
The state debt stood at 79.0% of GDP at the end of 2013, reaching Ft 23.07 trillion, according to preliminary figures from the MNB. The state debt was at 79.8% of GDP in 2012.
Hungary's National Bank Investigates Default Rumour
- 6 Feb 2014 8:00 AM
- current affairs
The MNB has launched an investigation into the rumour spread on January 29 which falsely stated that Hungary was unable to meet its capital and interest payment duties that day.
Xpat Opinion: Hungary's Forint Under Pressure
- 3 Feb 2014 8:00 AM
- current affairs
A business analyst says critics have been too hasty to condemn the National Bank for not resorting to swift “verbal intervention” in response to the heavy losses the Forint has suffered over the past week. A pro-government columnist urges decision makers to consider joining the Eurozone, in order to shield Hungary from currency fluctuations.
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.