297 result(s) for mnb
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.
Hungary's Fidesz Leader Rogán Not Interested In MNB Post
- 3 Dec 2012 8:00 AM
- current affairs
Fidesz caucus leader Antal Rogán does not want to take over as governor of the National Bank when András Simor’s term ends next March, he said in an interview with Népszabadság on Saturday. He added that he would not agree with the idea that Simor be granted a second term.
Orban, Varga Optimistic On IMF Loan For Hungary
- 17 Sep 2012 9:02 AM
- current affairs
Consultations are proceeding right on schedule with negotiators of the EU and the IMF and the cabinet expects to conclude negotiations quickly, Prime Minister Viktor Orban told foreign journalists last week. Although some controversial issues remain, negotiations are going well and a precautionary loan of about €15 billion is expected, he said. A transaction tax imposed on the National Bank could ...
Hungarian Parties Fidesz And Socialists Exchange Barbs
- 15 Aug 2012 9:00 AM
- current affairs
Prime Minister Viktor Orban has damaged Hungary's reputation with several recent remarks, and the damage can be measured in forints, Socialist MP Istvan Jozsa charged. He said primarily the extension of the financial transaction tax to the MNB damaged Hungary's image but Orban's description of Hungarians as a semi-Asian people and his other July 26 statement ”let us hope that God will help us and ...
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.
Hungary's Fidesz Leader Rogán Not Interested In MNB Post
- 3 Dec 2012 8:00 AM
- current affairs
Fidesz caucus leader Antal Rogán does not want to take over as governor of the National Bank when András Simor’s term ends next March, he said in an interview with Népszabadság on Saturday. He added that he would not agree with the idea that Simor be granted a second term.
Orban, Varga Optimistic On IMF Loan For Hungary
- 17 Sep 2012 9:02 AM
- current affairs
Consultations are proceeding right on schedule with negotiators of the EU and the IMF and the cabinet expects to conclude negotiations quickly, Prime Minister Viktor Orban told foreign journalists last week. Although some controversial issues remain, negotiations are going well and a precautionary loan of about €15 billion is expected, he said. A transaction tax imposed on the National Bank could ...
Hungarian Parties Fidesz And Socialists Exchange Barbs
- 15 Aug 2012 9:00 AM
- current affairs
Prime Minister Viktor Orban has damaged Hungary's reputation with several recent remarks, and the damage can be measured in forints, Socialist MP Istvan Jozsa charged. He said primarily the extension of the financial transaction tax to the MNB damaged Hungary's image but Orban's description of Hungarians as a semi-Asian people and his other July 26 statement ”let us hope that God will help us and ...