269 result(s) for weak forint
Hungary’s Forint Sharply Down On Interbank Market
- 30 Jul 2014 9:00 AM
- business
The forint was trading at 310.79 to the euro late Tuesday on the interbank forex market, down from 308.98 late Monday. At 308.96 to the euro early Tuesday, the forint moved between 308.77 and 311.31, a ten-day low. The Hungarian currency sank back to levels before the decision of the National Bank of Hungary (NBH) a week ago to stop its easing cycle.
Top Hungarian Court Rules On FX Loan Case
- 4 Jun 2014 9:00 AM
- property
The Kúria, Hungary’s supreme court, on Tuesday ruled invalid a clause in a contract for a loan denominated in foreign currency that stated the client received the loan at the bank’s buying exchange rate and paid it back at the selling rate.
EC Report On Hungary’s Economy Confirms Govt Prognosis
- 6 May 2014 9:00 AM
- business
The EC’s spring forecast includes similar figures as the macro-economic prognosis in Hungary’s convergence plan, which shows that the Hungarian government’s projections were reliable and credible, the economy ministry said, commenting on today’s release of the commission’s report on the country’s economy. The EC’s economic growth projections of 2.3% this year and 2.1% next year are identical to ...
Can Hungarian Economy Grow Without Causing Imbalances?
- 25 Apr 2014 9:00 AM
- business
A respected Hungarian economist, Tamás Mellár considers the potential consequences of parliamentary elections for Hungary's economic policy and the options the new government will have to choose from.
Exchange Rate Cap Scheme Participants 38% Of FX Mortgage Stock In Hungary
- 15 Apr 2014 9:00 AM
- property
Borrowers accounting for about 38% of the total stock of foreign currencydenominated mortgage loans in Hungary have joined an exchange rate cap scheme that aims to make repayments easier, fresh data from the National Bank of Hungary show.
Hungarians Go To The Polls To Elect A New Parliament
- 6 Apr 2014 10:00 AM
- current affairs
Today Hungarians vote in free, multi-party elections for the sixth time since the fall of Communism in 1989. They are doing so at the conclusion of an official six week campaign period during which time there has been virtually no public discussion or debate of issues other than which party or parties can best be relied upon to further reduce household utility bills.
Xpat Opinion: Hungary's Parliament To Rewrite FX Loan Contracts
- 24 Mar 2014 8:00 AM
- property
In their commentaries on the Constitutional Court’s verdict on forex loans, analysts from across the political spectrum agree that it is the government’s responsibility to help indebted families. It is, however, unclear how loans denominated in foreign currencies could be converted into Forint credits without severe economic consequences.
Cutting Base Rate Further Would Entail More Risks Than Benefits In Hungary
- 15 Mar 2014 8:00 AM
- business
Although the Monetary Council has theoretical room to further cut the base rate, given the global environment and investor sentiment, another rate cut could now increase risks exponentially, rate-setter Gyula Pleschinger said in an interview to commercial Gazdasági Rádió on Friday.
Hungary’s Gov Should Quit On Weak Forint, Says Mesterházy
- 14 Mar 2014 8:00 AM
- current affairs
The weak forint would be reason enough for the government to quit, the prime minister candidate of the left-wing opposition Unity alliance Attila Mesterházy said told a public forum in Tatabánya, in central Hungary.
Hungary’s Forint Sharply Down On Interbank Market
- 30 Jul 2014 9:00 AM
- business
The forint was trading at 310.79 to the euro late Tuesday on the interbank forex market, down from 308.98 late Monday. At 308.96 to the euro early Tuesday, the forint moved between 308.77 and 311.31, a ten-day low. The Hungarian currency sank back to levels before the decision of the National Bank of Hungary (NBH) a week ago to stop its easing cycle.
Top Hungarian Court Rules On FX Loan Case
- 4 Jun 2014 9:00 AM
- property
The Kúria, Hungary’s supreme court, on Tuesday ruled invalid a clause in a contract for a loan denominated in foreign currency that stated the client received the loan at the bank’s buying exchange rate and paid it back at the selling rate.
EC Report On Hungary’s Economy Confirms Govt Prognosis
- 6 May 2014 9:00 AM
- business
The EC’s spring forecast includes similar figures as the macro-economic prognosis in Hungary’s convergence plan, which shows that the Hungarian government’s projections were reliable and credible, the economy ministry said, commenting on today’s release of the commission’s report on the country’s economy. The EC’s economic growth projections of 2.3% this year and 2.1% next year are identical to ...
Can Hungarian Economy Grow Without Causing Imbalances?
- 25 Apr 2014 9:00 AM
- business
A respected Hungarian economist, Tamás Mellár considers the potential consequences of parliamentary elections for Hungary's economic policy and the options the new government will have to choose from.
Exchange Rate Cap Scheme Participants 38% Of FX Mortgage Stock In Hungary
- 15 Apr 2014 9:00 AM
- property
Borrowers accounting for about 38% of the total stock of foreign currencydenominated mortgage loans in Hungary have joined an exchange rate cap scheme that aims to make repayments easier, fresh data from the National Bank of Hungary show.
Hungarians Go To The Polls To Elect A New Parliament
- 6 Apr 2014 10:00 AM
- current affairs
Today Hungarians vote in free, multi-party elections for the sixth time since the fall of Communism in 1989. They are doing so at the conclusion of an official six week campaign period during which time there has been virtually no public discussion or debate of issues other than which party or parties can best be relied upon to further reduce household utility bills.
Xpat Opinion: Hungary's Parliament To Rewrite FX Loan Contracts
- 24 Mar 2014 8:00 AM
- property
In their commentaries on the Constitutional Court’s verdict on forex loans, analysts from across the political spectrum agree that it is the government’s responsibility to help indebted families. It is, however, unclear how loans denominated in foreign currencies could be converted into Forint credits without severe economic consequences.
Cutting Base Rate Further Would Entail More Risks Than Benefits In Hungary
- 15 Mar 2014 8:00 AM
- business
Although the Monetary Council has theoretical room to further cut the base rate, given the global environment and investor sentiment, another rate cut could now increase risks exponentially, rate-setter Gyula Pleschinger said in an interview to commercial Gazdasági Rádió on Friday.
Hungary’s Gov Should Quit On Weak Forint, Says Mesterházy
- 14 Mar 2014 8:00 AM
- current affairs
The weak forint would be reason enough for the government to quit, the prime minister candidate of the left-wing opposition Unity alliance Attila Mesterházy said told a public forum in Tatabánya, in central Hungary.