67 result(s) for record low in Business
Hungary’s Forint Hits Annual Low Past 315 To Euro
- 7 Aug 2014 12:30 PM
- business
The forint weakened to a record level against the euro for the first time this year on Tuesday afternoon. The Hungarian currency traded at 315.65 against the common European currency, compared with 315.58 on March 14. It started the day trading at 313.46 against the euro.
June Budget Deficit In Hungary Lowest In 12 Years
- 8 Jul 2014 9:00 AM
- business
The budget deficit reached Ft 813.7 billion in the first half, equivalent to 82.6% of the year-end target, the Economy Ministry announced. The budget deficit was Ft 132 billion last month, the lowest June figure since 2002.
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.
Xpat Opinion: About Time To Upgrade Hungary’s Credit Rating
- 28 Apr 2014 9:00 AM
- business
“The time has come for rating agencies to upgrade Hungary,” said Hendrik Scheerlinck, the CEO of K&H Bank, the Hungarian branch of Belgian KBC. According to portfolio.hu, Scheerlinck said in an interview on Tuesday that he anticipates a stable, economic policy as the country returns to the path of more economic growth.
Xpat Opinion: About Time To Upgrade Hungary’s Credit Rating
- 24 Apr 2014 9:00 AM
- business
“The time has come for rating agencies to upgrade Hungary,” said Hendrik Scheerlinck, the CEO of K&H Bank, the Hungarian branch of Belgian KBC. According to portfolio.hu, Scheerlinck said in an interview on Tuesday that he anticipates a stable, economic policy as the country returns to the path of more economic growth.
Hungarians Hoard Cash To Avoid Taxes
- 6 Mar 2014 8:00 AM
- business
Hungarians kept a record amount of cash at the end of last year, which analysts say is likely to be linked to the avoidance of the bank transaction fee and other types of tax, business daily Világgazdaság said. According to preliminary data from the central bank of Hungary, cash holdings came to 2.6 trillion forints (EUR 8.4bn) at the end of 2013, up 11% on 2012.
Hungary’s Forint Down Again
- 24 Jan 2014 8:00 AM
- business
The forint was trading at 305.22 to the euro late Thursday, down from 302.55 late Wednesday. After a lull on Wednesday, the Hungarian currency led a decline in central European assets on Thursday as concern over weaker activity in China, a fall of Turkey’s lira to record lows against the dollar, and continuing upheaval in the Ukraine triggered some re-weighting to the detriment of emerging market ...
Hungarian Banks’ Ten - Month Pre -Tax Profit Up At HUF 86bn
- 10 Jan 2014 8:00 AM
- business
Banks in Hungary had combined pretax profit of 86 billion forints by the end of October, the National Bank of Hungary (NBH) said. Pre-tax profit rose significantly from 21 billion forints in the first ten month a year earlier, but was still historically low. A large part of the ten-month profit was generated by one single bank.
Matolcsy Sees Room For Further Interest Ratecut In Hungary
- 21 Nov 2013 8:00 AM
- business
There is further room to reduce the central bank’s base rate, the governor of the National Bank of Hungary, György Matolcsy, said. The base interest currently stands at a record low of 3.4%. Matolcsy told a conference on the bank’s credit for growth scheme that almost all central banks started unorthodox policies after the 2008 crisis and the Hungarian government also applied such policies from ...
Hungary’s Forint Hits Annual Low Past 315 To Euro
- 7 Aug 2014 12:30 PM
- business
The forint weakened to a record level against the euro for the first time this year on Tuesday afternoon. The Hungarian currency traded at 315.65 against the common European currency, compared with 315.58 on March 14. It started the day trading at 313.46 against the euro.
June Budget Deficit In Hungary Lowest In 12 Years
- 8 Jul 2014 9:00 AM
- business
The budget deficit reached Ft 813.7 billion in the first half, equivalent to 82.6% of the year-end target, the Economy Ministry announced. The budget deficit was Ft 132 billion last month, the lowest June figure since 2002.
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.
Xpat Opinion: About Time To Upgrade Hungary’s Credit Rating
- 28 Apr 2014 9:00 AM
- business
“The time has come for rating agencies to upgrade Hungary,” said Hendrik Scheerlinck, the CEO of K&H Bank, the Hungarian branch of Belgian KBC. According to portfolio.hu, Scheerlinck said in an interview on Tuesday that he anticipates a stable, economic policy as the country returns to the path of more economic growth.
Xpat Opinion: About Time To Upgrade Hungary’s Credit Rating
- 24 Apr 2014 9:00 AM
- business
“The time has come for rating agencies to upgrade Hungary,” said Hendrik Scheerlinck, the CEO of K&H Bank, the Hungarian branch of Belgian KBC. According to portfolio.hu, Scheerlinck said in an interview on Tuesday that he anticipates a stable, economic policy as the country returns to the path of more economic growth.
Hungarians Hoard Cash To Avoid Taxes
- 6 Mar 2014 8:00 AM
- business
Hungarians kept a record amount of cash at the end of last year, which analysts say is likely to be linked to the avoidance of the bank transaction fee and other types of tax, business daily Világgazdaság said. According to preliminary data from the central bank of Hungary, cash holdings came to 2.6 trillion forints (EUR 8.4bn) at the end of 2013, up 11% on 2012.
Hungary’s Forint Down Again
- 24 Jan 2014 8:00 AM
- business
The forint was trading at 305.22 to the euro late Thursday, down from 302.55 late Wednesday. After a lull on Wednesday, the Hungarian currency led a decline in central European assets on Thursday as concern over weaker activity in China, a fall of Turkey’s lira to record lows against the dollar, and continuing upheaval in the Ukraine triggered some re-weighting to the detriment of emerging market ...
Hungarian Banks’ Ten - Month Pre -Tax Profit Up At HUF 86bn
- 10 Jan 2014 8:00 AM
- business
Banks in Hungary had combined pretax profit of 86 billion forints by the end of October, the National Bank of Hungary (NBH) said. Pre-tax profit rose significantly from 21 billion forints in the first ten month a year earlier, but was still historically low. A large part of the ten-month profit was generated by one single bank.
Matolcsy Sees Room For Further Interest Ratecut In Hungary
- 21 Nov 2013 8:00 AM
- business
There is further room to reduce the central bank’s base rate, the governor of the National Bank of Hungary, György Matolcsy, said. The base interest currently stands at a record low of 3.4%. Matolcsy told a conference on the bank’s credit for growth scheme that almost all central banks started unorthodox policies after the 2008 crisis and the Hungarian government also applied such policies from ...