7 result(s) for rally in Business
BUX Q1 Index Hits Almost 4-Year High
- 1 Apr 2015 9:00 AM
- business
The BUX index rose 18.4% in the first quarter to reach over 20,000 points, its highest level since the summer of 2011. OTP Bank saw its share prices increase the most. The stock rally gained speed after the government signed an agreement with EBRD and Erste Bank to gradually cut the bank tax, thus boosting profits at OTP.
'Hungarian Central Bank Announces Growth Package', By Ferenc Kumin
- 8 Apr 2013 9:00 AM
- business
By Ferenc Kumin, Deputy State Secretary For International Communications In Hungary:
“The main goal of the Central Bank is to achieve financial stability,” said György Matolcsy, the bank’s governor, at a press conference this morning. “Once that is achieved, the Central Bank is to support growth policies of the government,” he said and then outlined the bank’s new growth package. Just like ...
“The main goal of the Central Bank is to achieve financial stability,” said György Matolcsy, the bank’s governor, at a press conference this morning. “Once that is achieved, the Central Bank is to support growth policies of the government,” he said and then outlined the bank’s new growth package. Just like ...
Hungarian Forint Flexes Muscles On Gov’t Pledge
- 12 Oct 2010 1:00 AM
- business
"The forint strengthened to a five-month high against the euro on Wednesday. The exchange rate fell below the Ft 269 level, before easing back to over Ft 270, the 200-day average. The dollar was quoted at Ft 195 and the Swiss franc at Ft 200 in the course of the day.
Energy, Telco Tax Could Impact On Hungary's MOL
- 5 Oct 2010 1:00 AM
- business
"Analysts expect the rumoured windfall tax on energy and telecommunication firms to be levied for more than a year, Napi Gazdasag writes. The government intends to charge these sectors a supplementary tax, similar to the bank tax, according to market rumours, although the planned duration is unknown.
Hungary's Forint Gains Sharply Against Euro On Massive EU Bailout
- 11 May 2010 3:00 AM
- business
"In tandem with the rally on global stock markets Hungary’s forint has firmed sharply on Monday morning and gained 2% versus the euro in a matter of hours. The spectacular improvement in global investor sentiment comes after an unprecedented decision by the European Union to support the embattled euro and the eurozone’s weakest nations struggling with debt with a massive bailout package of EUR ...
Hungary Forint Keeps Easing, Already Around 278 vs. EUR
- 5 May 2010 10:00 AM
- business
"Hungary’s forint shed more than 2.5% against the euro in Tuesday trading, easing to around 276 by the end of the session. After relaxing briefly in early morning session, the HUF has continued to ease on Wednesday amidst bitter investor sentiment. The USD remains extremely strong against key currencies and leading European stock indices continued to decline.
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.
BUX Q1 Index Hits Almost 4-Year High
- 1 Apr 2015 9:00 AM
- business
The BUX index rose 18.4% in the first quarter to reach over 20,000 points, its highest level since the summer of 2011. OTP Bank saw its share prices increase the most. The stock rally gained speed after the government signed an agreement with EBRD and Erste Bank to gradually cut the bank tax, thus boosting profits at OTP.
'Hungarian Central Bank Announces Growth Package', By Ferenc Kumin
- 8 Apr 2013 9:00 AM
- business
By Ferenc Kumin, Deputy State Secretary For International Communications In Hungary:
“The main goal of the Central Bank is to achieve financial stability,” said György Matolcsy, the bank’s governor, at a press conference this morning. “Once that is achieved, the Central Bank is to support growth policies of the government,” he said and then outlined the bank’s new growth package. Just like ...
“The main goal of the Central Bank is to achieve financial stability,” said György Matolcsy, the bank’s governor, at a press conference this morning. “Once that is achieved, the Central Bank is to support growth policies of the government,” he said and then outlined the bank’s new growth package. Just like ...
Hungarian Forint Flexes Muscles On Gov’t Pledge
- 12 Oct 2010 1:00 AM
- business
"The forint strengthened to a five-month high against the euro on Wednesday. The exchange rate fell below the Ft 269 level, before easing back to over Ft 270, the 200-day average. The dollar was quoted at Ft 195 and the Swiss franc at Ft 200 in the course of the day.
Energy, Telco Tax Could Impact On Hungary's MOL
- 5 Oct 2010 1:00 AM
- business
"Analysts expect the rumoured windfall tax on energy and telecommunication firms to be levied for more than a year, Napi Gazdasag writes. The government intends to charge these sectors a supplementary tax, similar to the bank tax, according to market rumours, although the planned duration is unknown.
Hungary's Forint Gains Sharply Against Euro On Massive EU Bailout
- 11 May 2010 3:00 AM
- business
"In tandem with the rally on global stock markets Hungary’s forint has firmed sharply on Monday morning and gained 2% versus the euro in a matter of hours. The spectacular improvement in global investor sentiment comes after an unprecedented decision by the European Union to support the embattled euro and the eurozone’s weakest nations struggling with debt with a massive bailout package of EUR ...
Hungary Forint Keeps Easing, Already Around 278 vs. EUR
- 5 May 2010 10:00 AM
- business
"Hungary’s forint shed more than 2.5% against the euro in Tuesday trading, easing to around 276 by the end of the session. After relaxing briefly in early morning session, the HUF has continued to ease on Wednesday amidst bitter investor sentiment. The USD remains extremely strong against key currencies and leading European stock indices continued to decline.
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.