291 result(s) for mnb
Xpat Opinion: Conflicting Opinions About Matolcsy’s Appointment In Hungary
- 4 Mar 2013 8:02 AM
- current affairs
Newpapers are inundated with mostly cautious speculations ABOUT what will happen to the National Bank when present Minister for National Economy, György Matolcsy takes over. While some commentators see it as a coup, others point out that the markets ha taken the change for granted.
Xpat Opinion: Hungary's National Bank Boss Under Fire 5 Days Before Leaving
- 27 Feb 2013 8:00 AM
- current affairs
A pro-government daily accuses Simor, the outgoing President of the Hungarian National Bank (MNB) of servility because he passed on confidential information about Hungarian commercial banks to the IMF and finds it outraging that Simor denies ever having ordered the report to IMF.
Tensions Rise Between State Audit Office & Hungarian National Bank
- 19 Feb 2013 8:01 AM
- current affairs
The National Bank overstepped its authority by handing over confidential data to the IMF, the State Audit Office (ASZ) said, firing the latest shot in a recent dispute between the two institutions. In response, MNB governor Andras Simor said on ATV Wednesday that the central bank had not violated any rules in handing over the data at the request of the IMF.
Analysts Assess Effects Of Bond Issue In Hungary
- 19 Feb 2013 8:00 AM
- current affairs
Hungary's dollar-denominated bond issue lowers the risk that the government will tap the central bank’s foreign-currency reserves, London-based analysts said, after Hungary issued five- and ten-year bonds to a total value of $3.25 billion last Tuesday. The issue practically rules out a loan agreement with the IMF, they remarked, while noting that an IMF loan would have carried much lower yields.
Hungary's PM Orbán To Name National Bank Head At Last Minute
- 31 Jan 2013 8:00 AM
- current affairs
Prime Minister Viktor Orbán made it clear on Wednesday that he will name the next governor of the MNB one day before his term begins, in order to avoid disputes affecting the appointee. Current governor András Simor’s term ends on March 3.
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.
Rumours Speak Of Cabinet Changes In Hungary
- 3 Jan 2013 8:00 AM
- current affairs
Prime Minister Viktor Orbán wants to persuade deputy prime minister Tibor Navracsics to take the seat of Foreign Minister, while Economy Minister György Matolcsy is most likely to head the central bank from March, according to widely circulated rumours.
Hungary's Forint Dives On Monday
- 18 Dec 2012 8:02 AM
- business
The forint exchange rate has broken out of the range Ft 280-285 per euro where it has been trading in recent months, weakening to Ft 288 yesterday. Rumours were that the central bank will not accept bids for its two week deposit facility, although this was denied by the MNB, foreign currency trader Ákos Ruzsonyi of Commerzbank said. Investors hold a total of Ft 4 trillion in this deposit, of ...
Analysts Expect Further Easing By MNB In Hungary
- 15 Dec 2012 6:00 AM
- business
The MNB’s monetary council will cut the base rate from 6.0% to 5.75% at its rate-setting meeting next Tuesday, in the unanimous view of analysts queried by Napi Gazdasag. A similar survey by Reuters last week produced a similar result.
Xpat Opinion: Conflicting Opinions About Matolcsy’s Appointment In Hungary
- 4 Mar 2013 8:02 AM
- current affairs
Newpapers are inundated with mostly cautious speculations ABOUT what will happen to the National Bank when present Minister for National Economy, György Matolcsy takes over. While some commentators see it as a coup, others point out that the markets ha taken the change for granted.
Xpat Opinion: Hungary's National Bank Boss Under Fire 5 Days Before Leaving
- 27 Feb 2013 8:00 AM
- current affairs
A pro-government daily accuses Simor, the outgoing President of the Hungarian National Bank (MNB) of servility because he passed on confidential information about Hungarian commercial banks to the IMF and finds it outraging that Simor denies ever having ordered the report to IMF.
Tensions Rise Between State Audit Office & Hungarian National Bank
- 19 Feb 2013 8:01 AM
- current affairs
The National Bank overstepped its authority by handing over confidential data to the IMF, the State Audit Office (ASZ) said, firing the latest shot in a recent dispute between the two institutions. In response, MNB governor Andras Simor said on ATV Wednesday that the central bank had not violated any rules in handing over the data at the request of the IMF.
Analysts Assess Effects Of Bond Issue In Hungary
- 19 Feb 2013 8:00 AM
- current affairs
Hungary's dollar-denominated bond issue lowers the risk that the government will tap the central bank’s foreign-currency reserves, London-based analysts said, after Hungary issued five- and ten-year bonds to a total value of $3.25 billion last Tuesday. The issue practically rules out a loan agreement with the IMF, they remarked, while noting that an IMF loan would have carried much lower yields.
Hungary's PM Orbán To Name National Bank Head At Last Minute
- 31 Jan 2013 8:00 AM
- current affairs
Prime Minister Viktor Orbán made it clear on Wednesday that he will name the next governor of the MNB one day before his term begins, in order to avoid disputes affecting the appointee. Current governor András Simor’s term ends on March 3.
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.
Rumours Speak Of Cabinet Changes In Hungary
- 3 Jan 2013 8:00 AM
- current affairs
Prime Minister Viktor Orbán wants to persuade deputy prime minister Tibor Navracsics to take the seat of Foreign Minister, while Economy Minister György Matolcsy is most likely to head the central bank from March, according to widely circulated rumours.
Hungary's Forint Dives On Monday
- 18 Dec 2012 8:02 AM
- business
The forint exchange rate has broken out of the range Ft 280-285 per euro where it has been trading in recent months, weakening to Ft 288 yesterday. Rumours were that the central bank will not accept bids for its two week deposit facility, although this was denied by the MNB, foreign currency trader Ákos Ruzsonyi of Commerzbank said. Investors hold a total of Ft 4 trillion in this deposit, of ...
Analysts Expect Further Easing By MNB In Hungary
- 15 Dec 2012 6:00 AM
- business
The MNB’s monetary council will cut the base rate from 6.0% to 5.75% at its rate-setting meeting next Tuesday, in the unanimous view of analysts queried by Napi Gazdasag. A similar survey by Reuters last week produced a similar result.